27 February 2022

AGRICULTURAL INDEBTEDNESS IN INDIA

🔆AGRICULTURAL INDEBTEDNESS IN INDIA 
Why in News? 

✅The average outstanding loan per agricultural household increased 57.7 per cent from 2013 to 2018, according to the  
latest findings of a ‘Situation Assessment of Agricultural Households and Land Holdings of Households in Rural India,  
2019’ survey by the National Statistical Office

◾️Key findings of the report

✅Average income of agriculture household and farm incomes have increased.

✅Andhra Pradesh to have the highest average outstanding loan at rupees 2.45 lakh ,the state also had the highest proportion 93.2 percent of agriculture households under debt, followed by Telangana 91.7 percent and Kerala 69.9%

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