-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...
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Where are Punjab's famous Small farmers?
Punjab, which was known to be the land of agricultural prosperity during the 1970s and 1980s thanks to the Green Revolution, has increasingly witnessed its small and marginal farmers being pushed out of the agricultural sector. Based on a survey (conducted in 2012-13) of 288 farmers from 12 villages—2 villages from each of the 6 districts that represent various agro-climatic zones—the study by Sukhpal Singh and Shruti Bhogal reveals that...
More »Number of Agricultural Workers increases by 29 Million in A Decade
-Press Information Bureau (Ministry of Agriculture) As per Census conducted by Registrar General of India, the total number of agricultural workers in the country comprising cultivators and agricultural labourers increased from 234.1 million (127.3 million cultivators and 106.8 million agricultural labourers) in 2001 to 263.0 million (118.7 million cultivators and 144.3 million agricultural labourers) in 2011. As per Agriculture Census 2010-11, about 85% of the operational holdings accounting for about 44% of...
More »NABARD paints a sordid picture of Madhya Pradesh's agriculture sector -Shashikant Trivedi
-The Business Standard This is happening especially with small and marginal farms Bhopal: In contrast to the tall claims of achieving double digit growth in agriculture sector National Bank for Agriculture and Rural Development (NABARD) today said agriculture in Madhya Pradesh is perceived to be increasingly unviable owing to yield and price risks as well as lack of risk mitigation mechanism. This is happening especially with small and marginal farms. Interestingly, government...
More »Indian Express-ICIJ probe: Vijay Mallya, Ravikant Ruia in tax havens -Ritu Sarin
-The Indian Express The 612 Indians on the list of those who have invested in tax havens such as the British Virgin Islands include two MPs, a former royal and top industrialists. RITU SARIN puts together details of 20 among them SONU LALCHAND MIRCHANDANI Mirchandani is the founder of popular consumer electronics firm Onida. Mirchandani and his wife, Soni, opened a BVI company called Strong Wing Overseas Ltd in 2006 with an authorised...
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