-Business Standard This survey also shows how things have moved forward since the last large-scale sample survey conducted by NSSO in 2012-13 The recent survey by the National Bank for Agriculture and Rural Development (Nabard), which attracted criticism for increasing the threshold of income for agricultural households, has some insights into how the rural landscape in the country has been changing. Released on August 17, the survey defined those households as agricultural that...
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From Plate to Plough: Lean year as a foundation -Ashok Gulati & Shweta Saini
-The Indian Express NABARD’s new survey offers a baseline to double farmers’ incomes. But is a survey done in a drought year a reliable yardstick? On August 16, NABARD presented the nation with a gift when it released the results of its All India Rural Financial Inclusion Survey (NAFIS). Among other things, the survey estimates 2015-16 farmers’ income levels. In February 2016, when Prime Minister Narendra Modi presented his vision of doubling...
More »Minimum support price: Unkept promises on cost mitigation, bad formula to determine MSP compound farm woes -Angarika Gogoi
-Firstpost.com Farmers across India are sceptical about the promised benefits of the minimum support price (MSP) promised by the government for their kharif crop. In a press release, the government announced that the MSP would be set at 50 percent over the cost of production and vowed to double farmers’ incomes by 2022. As Amrinder Singh Punia, a farmer and general secretary of the Punjab Agricultural University Kisan Club, points out, “Government...
More »In 4 years, farmers' income has increased by just Rs 2,505 per month: NABARD report -Jitendra
-Down to Earth Although the average farm income per month saw a rise in the last four years, it is still not enough to help farmers cope with the current agrarian crisis A latest report by the National Bank for Agriculture and Rural Development (NABARD), a government agency, again, shows the vulnerability of Indian agriculture households. The NABARD All India Rural Financial Inclusion Survey (NAFIS) shows that average agriculture household income was...
More »Income of Farm households 23% higher than non-farm homes: Nabard survey
-The Hindu Business Line New Delhi: The income of agricultural households, which account for nearly half the rural households in the country, surged to Rs 1,07,172 in 2015-16 at a annual compound growth rate (CAGR) of 12 per cent since 2012-13. According to a rural survey carried out by the National Bank for Agricultural & Rural Development (Nabard), while the average annual income levels of non-agricultural households in 2015-16 stood at Rs...
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