Into the abyss?
The situation of India's farmers has only become grimmer in the past decade, according to the latest National Sample Survey Office report
Tof the embattled Indian HE LOT farmer only keeps on getting worse with the passage of time.In the last 10 years, the voluminous debt of Indian agricultural households has increased almost four-fold whereas their undersized monthly income from cultivation has increased three-fold. Even the number of indebted agricultural households has increased in the last 10 years. At the same time, there has been a micro-increment in the number of agricultural households in India.
All this is according to the recent report of the National Sample Survey Office (nsso), released on December 19, 2014.The report, titled ‘ Situation Assessment Survey of Agricultural Households in India’, is based on a countrywide survey of 35,000 households by nsso during 2012-2013.
It states that 52 per cent of the total agricultural households in the country are in debt. The average debt is 47,000 per agricultural household in this country,where the yearly income from cultivation per household is 36,972.
The report comes after a gap of 10 years. The last Situation Assessment Survey by the nsso was for 2002-03. In that year, 48.6 per cent of agricultural households
were in debt. The average