A recent report by the National Bank for Agriculture and Rural Development (NABARD) enlightens one about the state of farmers' income and indebtedness in 2015-16. Entitled NABARD All India Rural Financial Inclusion Survey 2016-17 – in short NAFIS 2016-17 – the report says that between 2012-13 and 2015-16 the average monthly income for agricultural households grew by around 39 percent. One may recall that the Key Indicators of Situation Assessment Survey...
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Will Ayushman Bharat Lead to Universal Health Coverage for India? -Subhojit Dey
-TheWire.in The Ayushman Bharat scheme provides support to the most deprived portion of India’s population and engages private insurance players, positive steps that must be welcomed. In his speech on the 72nd Independence Day this year, Prime Minister Narendra Modi remarked that India’s economy, once a sleeping elephant is now running. The same cannot, however be said about the healthcare system of India. This elephant is malnourished, weak, diseased and lumbering at...
More »Over 50% agricultural households are facing indebtedness: Nabard -Remya Nair
-Livemint.com The average annual income of agricultural households was Rs 107,172, the National Financial Inclusion Survey 2016-17 shows New Delhi: Rural households have access to banking and have savings but investment levels and pension and Insurance coverage remain very low, a financial inclusion survey conducted by the National Bank for Agriculture and Rural Development (Nabard) showed. At the same time, levels of indebtedness were high and nearly equalled annual incomes, according to...
More »88 per cent rural households have savings account: Nabard survey
-PTI The financial inclusion drive has resulted in proliferation of bank accounts in rural areas with 88.1 per cent of households having savings accounts, said a survey by Nabard. Incidence of Indebtedness (IOI), which is a proportion of households having outstanding debt on the date of the survey, was 52.5 per cent and 42.8 per cent for agricultural and non-agricultural households, respectively. All India IOI taking rural households together stood at 47.4 per...
More »Modi's big-ticket announcement is Ayushman Bharat -Bindu Shajan Perappadan
-The Hindu Health protection scheme for 10.74 crore beneficiary families and 50 crore Indian citizens The healthcare sector has welcomed Prime Minister Narendra Modi’s announcement in his Independence Day address that the Pradhan Mantri Jan Arogya Abhiyaan, also known as Ayushman Bharat or the National Health Protection Mission (AB-NHPM), will be launched on September 25. The government-sponsored health insurance scheme will provide free coverage of up to ?5 lakh a family a year...
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