The average value of assets (AVA) of the top ten percent of urban households in India is more than seven thousand five hundred times greater than what the bottom ten percent owns. The AVA of the top decile was Rs. 1.5 crores, while the lowest decile owned an average of Rs. 2,000 of assets. The data is part of the All India Debt and Investment Survey - 2019, the survey for...
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CM Adityanath Claims ‘No Farmer Suicides in Last 6 Years In UP’, Data Show 398 Cases - Merin Mathew, Nidhi Jacob
Factchecker.in On March 6, 2023, Uttar Pradesh Chief Minister Yogi Adityanath claimed that no farmer had died by suicide in the last six years. But, 398 farmers and 731 farm labourers died by suicide between 2017 and 2021 in the state, official data show. “Sugarcane farmers in Uttar Pradesh were forced to burn their crops and attempt suicide but in the last six years, no farmer in Uttar Pradesh has died by...
More »Paddy worth Rs 16,000 crore procured this season in Chhattisgarh -R Krishna Das
-Business Standard The paddy procurement process started in the state-run primary cooperative societies' 2,600 procurement centres from November 1 Raipur: Chhattisgarh is moving ahead to meet its paddy procurement target even as 70 per cent of it has been purchased from farmers. One of the few states in the country to procure paddy from farmers at minimum support price (MSP), Chhattisgarh has set a target to purchase 11 million tonnes (MT) during the...
More »Success story: Why Leadership Counts -- An FPO in UP shows the way -PVS Surya Kumar
-The Hindu Business Line Farmer Producer Organizations (FPOs) is the new buzzword among development professionals and NGOs — both public and private! Everyone wants to mobilise the community and establish FPOs. Farmer Producer Organizations (FPOs) is the new buzzword among development professionals and NGOs — both public and private! Everyone wants to mobilise the community and establish FPOs. FPOs present the power of aggregation, farmers’ come together, form an organisation, which collectively buys...
More »Need to make agri credit system equitable -Bishwa Bhaskar Choudhary
-The Tribune The agency-wise share indicates that agricultural credit dispensation in the country is heavily dependent on commercial banks and points towards the poor credit delivery capability of cooperative banks and regional rural banks. THE availability of finance is a key driver of progress in any sector. In the case of agriculture, access to adequate credit assumes vital significance since most of the agriculturists are small or marginal farmers. It has been...
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