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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...

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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...

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How the other half lives in Delhi: 4 stories of poverty, crushed dreams -Manoj Sharma

-Hindustan Times Most of the city’s poor are migrants — they constitute about 33% of the population of Delhi — who come to the city attracted by the promise of a secure livelihood and better life. But their hopes and dreams are, more often than not, belied. A peek into how they get by New Delhi: Last month, Delhi, the second wealthiest city in the country — with a total wealth of...

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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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Empowering domestic workers -Ujjwal K Chowdhury

-MillenniumPost.in Attention must be drawn to the lakhs of domestic helps in India who do not receive any legal protection. The number of domestic workers in India varies from official estimates of around five million to loosely defined unofficial estimates of 10 million. Between 2000 and 2010, women (young girls included) made up for more than 75 per cent of the new entrants into the domestic workforce. In 2010, more than 68...

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