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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...

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Modi’s charisma intact, but Jats of western Uttar Pradesh want more -Anuj Kumar

-The Hindu Amid religious polarisation, agrarian issues still resonate with the community ALIGARH/ HATHRAS: As the Bharatiya Janata Party (BJP) faces the Jat challenge in western Uttar Pradesh, the message from the ground in Aligarh and Hathras districts is mixed. While there are many who still swear by the ruling party for providing suraksha, bijli aur sadak (safety, electricity and roads), there are others who feel the party has let down a vote...

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During pandemic, only 20 per cent of farmers under PM-Kisan had access to formal credit -Ashlin Mathew

-National Herald Of 10.5 crore farmers covered under PM-Kisan, only 2.18 crore farmers received Kisan Credit Card. This means most small, marginal and landless farmers continued to struggle throughout the pandemic During the period of severe economic crisis due to Covid-19 pandemic, only 20 per cent of farmers under PM- Kisan have had access to formal credit. Of the 10.5 crore farmers covered under PM-Kisan, only 2.18 crore farmers have been issued...

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India’s ‘Panama Papers’ on shell firms, tax loopholes gather dust -Gopikrishnan

-DailyPioneer.com Tax firm’s leaked data includes correspondences with 33 Cos, HNWIs India’s own ‘Panama papers’ are gathering dust with law enforcement agencies and the Delhi High Court (HC). The 1.5 GB leaked data belongs to the tax consulting firm Nishith Desai Associates and includes controversial tax-related correspondences involving 33 of India’s biggest corporates and several high-net-worth individuals (HNWIs). A Delhi-based whistle-blower, who is a software engineer, first got the sensational data and communications...

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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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