Lesson 29 of 42 • 39 upvotes • 11:07mins
The NABARD All India Rural Financial Inclusion Survey 2016-17 covered a sample of 1.88 lakh people from 40,327 rural households. Only 48% of these are defined as agricultural households. More than half the agricultural households in the country have outstanding debt, and their average outstanding debt is almost as high as the average annual income of all agricultural households. 52.5% of the agricultural households had an outstanding loan on the date of the survey, and thus were considered indebted. For non-agricultural households in rural India, that figure was 42.8%. Agricultural households reporting any outstanding debt also had a higher debt liability compared with non-agricultural ones. According to the survey, the average annual income of an agricultural household is ₹1.07 lakh. That is barely ₹2,500 more than the average outstanding debt of indebted farm households. The survey found that only 10.5% of agricultural households were found to have a valid Kisan Credit Card at the time of the survey. The biggest reason for taking loans among agricultural households was 25% capital expenditure for agricultural purposes, While 19% of loans were taken for meeting running expenses for agricultural purposes, Another 19% were taken for sundry domestic needs. Loans for housing and medical expenses stood at 11% and 12%, respectively. Highest incidence of indebtedness came from those owning more than two hectares of land. State figures The southern States of Telangana (79%), Andhra Pradesh (77%), and Karnataka (74%) showed the highest levels of indebtedness The survey found that farm households took less than half their loans from commercial banks. While 46% of the loans were taken from commercial banks, and another 10% from self-help groups, almost 40% were taken from non-institutional sources such as relatives, friends, moneylenders and landlords. While loans from relatives and friends may be free of interest and reflective of social integration in communities. A sizeable 11.5% households exhibited dependence on local moneylenders and landlords, which exposes them to exploitation by having to pay exorbitant interest. The persons resorting to local moneylenders often include either the illiterate or extremely poor ones which are not eligible for loans from formal institutions, or the households that do not have social networks that can help them in times of need.
42 lessons • 6h 5m
Overview of the Course (in Hindi)
4:17mins
Defence Acquisition council, Oxytocin,Women farmers, Criminal law, British committee (in Hindi)
12:32mins
Citizenship bill, Zika, GM crops & core industries (in Hindi)
9:55mins
Adultery law, Bandipur, UAE amnesty & Repo rate (in Hindi)
8:25mins
LIC stakes in IDBI, NCBC, Benami transactions (in Hindi)
8:36mins
SAARc and Dal lake (in Hindi)
8:43mins
West Nile, WHO, TRAI (in Hindi)
8:47mins
Article 35A & Chandryaan 2 (in Hindi)
8:13mins
Imprint II, Star tortoise, CII & BEE (in Hindi)
8:55mins
Appointment of judges (in Hindi)
8:49mins
Sathyamangalam reserve, Maitree, LoU and LOC (in Hindi)
8:34mins
AES & Breastfed (in Hindi)
8:48mins
Manirang & Umang App (in Hindi)
6:33mins
ICAR, CPEC, World Biofuel day, Konchenzonga BR (in Hindi)
8:04mins
Konchenzonga BR & IMF, (in Hindi)
9:24mins
Niryat Mitra, National Sports University Billa, EPI 2018 & Radio galaxy (in Hindi)
10:25mins
Triple Talaq, UNHCR- Ecuador,Turkey- Yemen Crisis, UNHCR (in Hindi)
8:31mins
NDRF, Khalistan, Texas, Sarabhai, submarine training (in Hindi)
9:21mins
Swadesh Darshan Scheme, pollution, Corals, LaCones (in Hindi)
10:08mins
LaCONES, China energy, LIRA vs Dollar (in Hindi)
8:46mins
AFSPA & Ayushman Bharat (in Hindi)
9:06mins
Defence reforms, airport bidding, UBA 2.0(in Hindi)
8:13mins
Permanent commission for Women, Niti Ayog pitch, Himan Space flight, New Horizon mission (in Hindi)
7:41mins
LIGO, Jamshed-e-Nauroz & Tea export (in HIndi)
10:36mins
RPA Act & Steel imports (in Hindi)
8:12mins
Arbitration and Conciliation (Amendment) Bill 2018 & RAP regime (in Hindi)
8:22mins
UPI 2.0 & Uaktite (in Hindi)
5:33mins
NABARD Rural Financial Inclusion Survey 2016-17 (in Hindi)
11:07mins
AMCA & Nord Gas Pipeline (in Hindi)
8:23mins
Dollar-Rupee Analysis (in Hindi)
13:08mins
Data Localization (in Hindi)
8:37mins
MPLAD
7:09mins
Helena, Pitch Black and India-Japan (in Hindi)
8:29mins
Greece bailout (in Hindi)
9:20mins
Public credit registry, NOTA in RS & Criminalising politics (in Hindi)
8:12mins
ILO report on wages (in HIndi)
8:36mins
UDAN International & Missing Children (in Hindi)
7:22mins
Curbing open Urination & TRIFED (in HIndi)
8:03mins
TAPI and POSHAN Maah (in HIndi)
8:13mins
Make in Odisha, Indian Coffee and NCLT (in Hindi)
5:49mins
Imran Khan & National Logistics Portal (in Hindi)
10:22mins
BONDI, CertIN, QUAD & Corals (in Hindi)
9:13mins