The agrarian crisis is far from over. Amidst news of farmers' suicide reported from parts of Telangana, Andhra Pradesh and Maharashtra, an official document released in December by the National Sample Survey Organisation states that nearly 52% of India's agricultural households were indebted during July, 2012 - June, 2013. The average amount of outstanding loan per agricultural household in India was Rs. 47000 (see link below). Based on a survey of...
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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 »Village households’ average assets in India at Rs 10 lakh
-PTI Households in rural areas hold assets worth over Rs 10 lakh on average, less than half the holdings by those in cities, says a government survey. At the same time, villages account for higher proportion of families owning some physical and financial assets at 98 per cent, higher than 94 per cent in urban areas. "Around 98 per cent of rural households and around 94 per cent of urban households in India...
More »Solar power can be the game-changer for inclusive growth -Vikas Gupta
-The Indian Express With the positive intent and progressive action from the new government, the country is excited about entering a new era of growth & revolutionary transformation. This can happen faster and more effectively if the whole ecosystem is geared for it. And most important component of the ecosystem are the people, who are the primary beneficiaries as well as the key catalysts to stimulate this growth and transformation. Hence,...
More »Agenda for Rejuvenating Irrigation in TS -Gautam Pingle
-The New Indian Express Since the merger of Telangana with Andhra state, irrigation under tanks in Telangana declined from 13,11,054 acres in 1956 to 3,89,591 acres in 2012-13. This is a decline of 9,21,463 acres or 70 per cent!! As a result, Telangana has lost production, income and employment potential of this vast acreage which could have also recharged groundwater (both from standing water in the irrigated areas as well as...
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