In August, the National Bank for Agriculture and Rural Development (NABARD) released the All India Rural Financial Inclusion Survey, 2016-17
In August, the National Bank for Agriculture and Rural Development (NABARD) released the All India Rural Financial Inclusion Survey, 2016-17. It has revealing data about the worsening situation of farmers and villages across India. The survey shows that the average monthly income of rural households in India is Rs. 8,059. For agricultural households in rural areas, it is Rs. 8,931, whereas for non-agricultural households, it is just `7,269.
Further, we find agricultural households get hardly 43 per cent of their income from agriculture and allied activities such as animal husbandry, while the rest comes from wage labour and salaries from government and private services. Non-agricultural households get much of their income from wages and salaries from government and non-government jobs. They get hardly 11.7 per cent of their income from enterprises.
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