Farmers of Andhra Pradesh ranked first within the nation in per capita debt burden. Union Agriculture Minister Narendra Singh Tomar introduced that each farming household within the state has a debt of Rs.2,45,554.
He was responding to a query requested by AAP member Sanjay Singh within the Rajya Sabha on Friday.
On the nationwide stage, every farmer’s household has a debt of Rs.74,121, whereas AP farmers have thrice the burden. Andhra Pradesh was adopted by Kerala and Punjab.
There are solely these three states the place the per capita debt of a farmer’s household exceeds Rs.2 lakhs.
Each farmer household in Telangana has a debt of Rs.1,52,113. It’s ranked fifth within the highest per capita debt for farming households.
It’s noteworthy that whereas the earnings of AP farmer households (Rs. 10,480) is 2.56% greater in comparison with the common earnings of farmer households of Rs.10,218 within the nation, the debt is sort of thrice greater.
Telangana farmers even have twice as a lot debt because the nationwide common. On the similar time, the month-to-month earnings of farmers there may be solely Rs 9,403. That is 7.9% lower than the nationwide common earnings (Rs 10,480).
That too, the earnings of farmers’ households in Telugu states may be very lower than in different states. Whereas the common month-to-month earnings of farmer households in essentially the most backward states of the Northeast is Rs.16,863 and the common debt burden is Rs.13,642, the Telugu states are lagging behind them in each respects.
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