-Livemint.com The levels of debt are as high as 93% in Andhra Pradesh and 89% in Telangana New Delhi: Nearly 52% of agricultural households in India are indebted and levels of debt are as high as 93% in Andhra Pradesh and 89% in Telangana, shows key indicators from an NSSO (National Sample Survey Organisation) report released on Friday. The report, Situation Assessment Survey of Agricultural Households in India, is based on a countrywide...
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More than 50% of farm households in debt -Rukmini S
-The Hindu NSSO survey across 35000 family units Nearly 90 per cent of India's farmers have less than two hectares of land, according to the most extensive survey of farm households to date conducted by the National Sample Survey Office (NSSO). The survey says the average farm household makes less than Rs. 6,500 a month from all sources of income. The NSSO released the findings from its 70th Situation of Agricultural Households in...
More »Government taking 'speedy' measures to help farmers
-PTI NEW DELHI: Emphasising that ample credit to the tune of Rs 7 lakh crore flows in the agricultural sector every year, the government today said it is taking "speedy" measures to help farmers who are grappling with debt burden. "We will not let down our farmers," Minister of State for Finance Jayant Sinha told Lok Sabha during Question Hour. He said many steps have been taken to reduce debt burden as...
More »No conditions apply -Renana Jhabvala
-The Indian Express Cash in the hands of the poor can transform their lives. With bank accounts and an Aadhaar card for all becoming a reality, it is possible to transfer money directly to the poor and check middlemen who siphon away funds. Cash transfers (CTs) come in many forms. They may be conditional or unconditional, selective or non-selective, targeted or universal. Some types of CT are as susceptible to misuse as...
More »Cash transfers can work better than subsidies -Guy Standing
-The Hindu Providing people with a modest basic income instead of subsidies would save public revenue With oil prices falling, it was perhaps a good time to fade out fuel subsidies. All subsidies are inefficient and distortionary, and most are regressive. The same could be said of costly public works schemes as well. By contrast, the debate on direct benefit transfers has moved into a more sensible phase, with the posturing criticism of...
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