Although containing fake notes in circulation was one of the objectives behind demonetisation when it was undertaken in 2016, recent data from the Reserve Bank of India (RBI) reveals that fake counterparts of some denominations grew during 2017-18 vis-à-vis the previous year. The recently released Annual Report for 2017-18 of the RBI shows that the total number of pieces of counterfeit notes of Rs. 2000/- denomination, which was detected in the...
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Monthly income per farm household grew between NSSO & NABARD surveys, but so has the level of outstanding loans
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...
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 »Only 9% Of Declared Income of India's National Parties Comes From Sources Known To The Public -Aman Kumar
-TheCitizen.in NEW DELHI: The Association for Democratic Reforms (ADR) on August 7 released a report detailing the donations declared by regional political parties to the Election Commission (EC) for the 2016-17 financial year. Of the 48 parties considered in the report, 16 including the People’s Democratic Party and the All India Majlis-e-Ittehad-ul Muslimeen have yet to submit their declarations to the EC. A further six claim to have received no contributions at...
More »Where India's affluent classes live -Tadit Kundu and Pramit Bhattacharya
-Livemint.com India’s richest districts are situated along the western coastline while the poorest are clustered in the easternmost parts of the country, shows analysis Mumbai: Where do the affluent in India live? That’s the million dollar question consumer goods firms, marketers, and analysts often struggle to answer because of patchy and unreliable data. For the first time in India, an official data source provides detailed data on household assets and consumer durables that...
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