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Rural Distress: A farmer- and banker-friendly alternative to agricultural loan waivers -Sher Singh Sangwan

-The Indian Express The failure of populist rural credit schemes stems primarily from poor understanding of farm indebtedness in the first place. From the 1970s, a lot of private investment in tube-well irrigation, farm mechanisation and allied agricultural activities took place with bank credit support. After the establishment of National Bank for Agriculture and Rural Development (NABARD) in 1982, institutional credit flows not only accelerated, but also exhibited diversification to fund livestock...

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NSSO collecting data on communicable diseases for 1st time

-IANS Kolkata: The National Sample Survey Office (NSSO), which started the 75th round of survey from July 1, is for the first time collecting data related to communicable diseases, officials said here on Monday. The National Sample Survey 75th round (NSS-75) covers household consumer expenditure as well as household social consumption -- education and health. "For the first time in NSS health survey, the data collected will enable assessment of population who are...

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Christian, Muslim households top in donations for charity -Suvojit Bagchi

-The Hindu But in absolute terms, Hindus contributed maximum in 2014-15, thanks to larger population, according to National Sample Survey data Hindus donated a little over Rs. 15,600 crore as religious contribution in 2014-15 — six times the quantum donated by Muslims — but the per-household contribution of Muslims is marginally higher than that of Hindus, as they are enjoined by religion to give to charity. But the per-household religious contribution of Christians...

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Farmer suicides: 70% of India's farm families spend more than they earn -Devanik Saha

-IndiaSpend.org   The failing economics of such farms–agricultural households in the south are most indebted–are exacerbated by additional loans that families take to meet health issues, leaving them with diminished ability to invest in farming. Nearly 70% of India’s 90 million agricultural households spend more than they earn on average each month, pushing them towards debt, which is now the primary reason in more than half of all suicides by farmers nationwide,...

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The roots of rural distress -Manas Chakravarty

-Livemint.com Forgiving farm loans is no solution. The data shows there’s a far more fundamental problem—most agricultural households are unable to keep body and soul together. There’s nothing new about rural distress. Nor is it surprising. If the income of almost 70% of farm households is less than their consumption expenditure, according to the government’s own data, then it’s obvious they’ll be “distressed”. Yet that’s the inescapable conclusion from the National Sample...

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