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Debt Trap

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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Unemployment

KEY TRENDS   • In 2017-18, 24.8 percent of rural working-age men and 74.5 percent of rural working-age (viz. 15-59 years) women were not employed. In urban areas, 25.8 percent of working-age men and 80.2 percent of working-age women were not employed AB   • Both the Periodic Labour Force Survey (PLFS) and the Consumer Pyramids Survey of the Centre for Monitoring the Indian Economy (CMIE-CPDX) report the overall unemployment rate to be around 6 per cent in 2018,...

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