KEY TRENDS • The NSS 59th Round (January-December 2003) had found that 48.6% farmer households were indebted while the NSS 70th Round (January-December 2013) has observed that 52% of India's agricultural households were indebted in July, 2012-June, 2013 $ • A similar survey on rural indebtedness by the NSSO in 1991 found indebtedness among only 26% of farmers $ • On an average, the amount of debt per farmer household was Rs. 12,585 during NSS...
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Rural distress
KEY TRENDS • The report entitled Pradhan Mantri Fasal Bima Yojana: An Assessment from the Centre for Science and Environment (released on 21 July, 2017) finds that PMBY is not beneficial for farmers in vulnerable regions. For farmers in vulnerable regions such as Bundelkhand and Marathwada, factors like low indemnity levels, low threshold yields, low sum insured and default on loans make PMFBY a poor scheme to safeguard against extreme weather events. CSE's...
More »Forest and Tribal Rights
KEY TRENDS • As per the information collected by the Ministry of Tribal Affairs (MoTA) upto 31 October, 2017, 41,89,827 claims (40,50,131 individual and 1,39,696 community claims) have been filed and 18,24,271 titles (17,59,955 individual and 64,316 community claims) have been distributed. A total of 36,51,414 (87.15 percent) claims have been disposed off @@ • In the last 10 years, only 3 percent of the minimum potential of CFR rights could be...
More »Union Budget And Other Economic Policies
**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...
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