In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while Agriculture and Allied Activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...
More »SEARCH RESULT
Total Matching Records found : 177
Climate change will likely exacerbate Indian rural household's debt burden
Editorial team, Carbon Copy Ongoing shifts in rainfall and temperature caused by climate change are likely to increase the debt burden faced by rural households, particularly of marginalised groups in dry areas, an editorial in Carbon Copy magazine said. The piece cited a study in the journal Climate Change that argues that changes in climate, along with existing socio-economic differences - caste and landholding in particular — will deepen the size...
More »Rabi season prospects
-Financial Express Higher sowing augurs well for bountiful wheat and oilseed production The resilience of India’s agricultural sector has been a positive factor in the India growth story. During the ongoing rabi season, the average area sown for wheat is up by 25%, to 25.5 million hectares as of December 9, from a year earlier. Area under oilseeds, too, is at record levels. All of this augurs well for bumper rabi crops...
More »India: Why are suicides among farmers on the increase? -Murali Krishnan
-Deutsche Welle/ The Telegraph Financial burdens caused by climate change and government polices have led to an rise in the number of suicides among agricultural workers, experts say. The Maharashtra state has suffered more than most New Delhi: In India, over 600 farmers in the region of Marathwada, Maharashtra state, have died from suicide this year, according to official figures, with a majority of deaths blamed on rains that damaged thousands of...
More »Plight of the small peasantry in Punjab is affecting their mental health, highlights field-based study
Door-to-door and village-to-village surveys carried out by researchers of the Department of Economics and Sociology, Punjab Agricultural University, Ludhiana detected a total of 9,291 suicides that were committed by farmers in six districts of Punjab during the period from 2000 to 2018. Situated in the Malwa region of Punjab, which is known for cotton farming and the prevalence of cancer among its population, Sangrur (2,506) witnessed the highest number of...
More »
