-Press release by the Right to Food Campaign Secretariat dated February 23, 2022 * 66 percent respondents said that their income has decreased compared to the pre-pandemic period * 80 percent reported some form of food insecurity, 25 percent reported severe food insecurity * 41 percent said that nutritional quality of their diet deteriorated compared to the pre-pandemic period * 67 percent could not afford cooking gas in the month preceding the survey. * 45...
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Assam's growth rate declines, fiscal deficit, debts rose in 2019-20: CAG
-PTI/ Business Standard Assam has recorded a decline in its growth rate while its fiscal deficit, outstanding debt and public debt have increased significantly at the end of 2019-20, a CAG report said Guwahati: Assam has recorded a decline in its growth rate while its fiscal deficit, outstanding debt and public debt have increased significantly at the end of 2019-20, a Comptroller and Auditor (CAG) report on state finance for the period...
More »Southern states had a higher proportion of indebted farm households in 2019, shows NSO survey
The Situation Assessment Survey of Agricultural Households and Land and Livestock Holdings of Households in Rural India (NSS 77th Round), which was released recently, informs one about farm households' income in the crop year 2018-19 and indebtedness in 2019 (as on the date of survey), among other things. Prior to the recent report, Land and Livestock Holding Surveys (LHS) and Situation Assessment Survey (SAS) of Agricultural Households used to be...
More »Indebted India: Over half of farm households still under debt -Shagun Kapil
-Down to Earth Andhra, Telangana have highest percentage of agricultural households under debt; Average debt: Rs 2.45 lakh in Andhra More than half of India’s agricultural households were in debt, with an average outstanding of Rs 74,121, according to the latest ‘Situation Assessment of Agricultural Households and Land Holdings of Households in Rural India, 2019’ released September 10, 2021. The percentage of households in debt, however, reduced slightly from 51.9 per cent as...
More »Indian family budgets are stretched, they’re borrowing more. Faster vaccination can fix this -Ila Patnaik and Radhika Pandey
-ThePrint.in RBI data shows a sharp increase in households borrowing against gold. Other indicators also show higher borrowing. More credit is fine, but vaccination needs priority. The second wave of the Covid-19 pandemic and the ensuing lockdown has hit household incomes sharply. Households have survived to a large extent by borrowing. The Reserve Bank of India (RBI) data shows a sharp increase in households borrowing against gold. In addition to borrowing from the...
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