Lok Sabha Question No. 537 (UNSTARRED), answered on 2021-12-01
Subject: All India Debt and Investment Survey-2019
Ministry: STATISTICS AND PROGRAMME IMPLEMENTATION
Asked by: Bhola Singh, Jayanta Kumar Roy, Sukanta Majumdar, Raja Amareshwara Naik, Vinod Kumar Sonkar

## GOVERNMENT OF INDIA

## MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION

## LOK SABHA UNSTARRED QUESTION NO. 537

## TO BE ANSWERED ON 01.12.2021

## ALL INDIA DEBT AND INVESTMENT SURVEY-2019

## 537. SHRI BHOLA SINGH:

DR. JAYANTA KUMAR ROY:

DR. SUKANTA MAJUMDAR:

SHRI RAJA AMARESHWARA NAIK:

SHRI VINOD KUMAR SONKAR:

Will the Minister of STATISTICS AND PROGRAMME IMPLEMENTATION be pleased to state:

- (a) whether the Government has recently conducted the latest survey on All India Debt & Investment Survey- 2019 as a part of 77th round of National Sample Survey (NSS);
- (b) if so, the details thereof including the outcome of the survey;
- (c) whether more than 50 per cent of agricultural households in India were in debt with an average outstanding loan per household around Rs 75 thousand in 2019;
- (d) if so, the Government's reaction thereto;
- (e)  whether  nearly  70  per  cent  of  the  outstanding  loans  were  taken from  institutional  sources  like  banks,  cooperative  societies,  and Government agencies in comparison to 20.5% of loans from professional money lenders;
- (f) if so, the Government's reaction thereto; and

(g)  the  other  remedial  steps  being  taken  by  the  Government  in  this regard?

## ANSWER

MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF STATISTICS  AND  PROGRAMME  IMPLEMENTATION;  MINISTER  OF STATE  (INDEPENDENT  CHARGE)  OF  THE  MINISTRY  OF  PLANNING AND MINISTER OF STATE IN THE MINISTRY OF CORPORATE AFFAIRS

[RAO INDERJIT SINGH]

- (a) to (d):  The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (M/o S&PI) has conducted the latest survey  on  All-India  Debt  &  Investment  Survey  during  the  period January - December, 2019 as a part of 77 th  round of National Sample Survey (NSS). The outcomes of the survey including the details of the debt burden on households and average outstanding loan per household are given at Annexure-I. Further, to reduce the debt burden of  farmers,  the  Government  has  taken  various  initiatives  such  as Pradhan  Mantri  Kisan  SAmman  Nidhi  (PM-KISAN),  Pradhan  Mantri Fasal  BimaYojana  (PMFBY),  Rashtriya  Krishi  Vikas  Yojana  (RKVY), National Food Security Mission (NFSM), National Mission for Sustainable Agriculture (NMSA) etc.
- (e)  to  (g):  As  per  the  survey,  the  details  of  the  debt  taken  from institutional and non-institutional sources is given at Annexure-II. The Government of India, has inter-alia, taken the various major initiatives to reduce the debt burden of farmers and thus freeing them from the clutches  of  money  lenders.  These  schemes/initiatives  include  Kisan Credit Card (KCC) Saturation drive to ensure concessional institutional credit to all eligible farmers in the country, income support of Rs. 6000 per year to farm families in 3 equal installment through Pradhan Mantri Kisan SAmman Nidhi (PM-KISAN), Pradhan Mantri Fasal Bima Yojana (PMFBY), formation of Joint Liabilities Groups (JLG's), Rashtriya Krishi Vikas Yojana (RKVY), National Food Security Mission (NFSM), National Agriculture Market (e-NAM), National Mission For Sustainable Agriculture  (NMSA),  Pradhan  Mantri  Kisan  Maan-Dhan  Yojana  (PMKMY) etc.

***

## STATEMENT  REFERRED  TO  IN  REPLY  TO  PART  (a)  TO  (c)  OF  LOK SABHA UNSTARRED QUESTION NO. 537 FOR 01.12.2021

- i. Percentage of households owning assets, Average value of Assets (AVA) per household as on 30.06.2018 by occupational category of the household:
- ii. Percentage of households reporting Fixed Capital Expenditure (FCE) and  average  amount  (Rs.)  of  FCE  per  household  for  occupational category of households :
- iii. Percentage of adult population (18 years & above) having deposit account in Bank:
- iv. The Incidence of Indebtedness (IOI), Average amount of Debt (AOD) per  household  and  AOD  per  indebted  household  (AODL)  as  on 30.06.2018  for  different  occupational  category  of  households  in rural & urban India:

| Occupational category of the households                             | % of households owning asset                                        | AVA per household (000' Rs.)                                        |
|---------------------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------|
| (1)                                                                 | (2)                                                                 | (3)                                                                 |
|                                                                     |                                                                     | Rural                                                               |
| Cultivator                                                          | 100.0                                                               | 2,207                                                               |
| Non-cultivator                                                      | 98.6                                                                | 785                                                                 |
| All                                                                 | 99.4                                                                | 1,592                                                               |
|                                                                     |                                                                     | Urban                                                               |
| Self -employed                                                      | 99.7                                                                | 4,151                                                               |
| Others                                                              | 97.3                                                                | 2,211                                                               |
| All                                                                 | 98.0                                                                | 2,717                                                               |
| Source: NSS Report no. 588: All India Debt & Investment Survey-2019 | Source: NSS Report no. 588: All India Debt & Investment Survey-2019 | Source: NSS Report no. 588: All India Debt & Investment Survey-2019 |

| Occupational category of household                                  | % of households reporting FCE                                       | Average amount of FCE per household (Rs.)                           |
|---------------------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------|
| (1)                                                                 | (2)                                                                 | (3)                                                                 |
|                                                                     |                                                                     | Rural                                                               |
| Cultivator                                                          | 45.1                                                                | 10,689                                                              |
| Non-cultivator                                                      | 21.5                                                                | 6,712                                                               |
| All                                                                 | 34.9                                                                | 8,966                                                               |
|                                                                     |                                                                     | Urban                                                               |
| Self-employed                                                       | 25.3                                                                | 15,899                                                              |
| Others                                                              | 11.0                                                                | 9,070                                                               |
| All                                                                 | 14.7                                                                | 10,863                                                              |
| Source: NSS Report no. 588: All India Debt & Investment Survey-2019 | Source: NSS Report no. 588: All India Debt & Investment Survey-2019 | Source: NSS Report no. 588: All India Debt & Investment Survey-2019 |

| Gender                                                              | Rural                                                               | Urban                                                               |
|---------------------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------|
| (1)                                                                 | (2)                                                                 | (3)                                                                 |
| Male                                                                | 88.1                                                                | 89.0                                                                |
| Female                                                              | 80.7                                                                | 81.3                                                                |
| Person                                                              | 84.4                                                                | 85.2                                                                |
| Source: NSS Report no. 588: All India Debt & Investment Survey-2019 | Source: NSS Report no. 588: All India Debt & Investment Survey-2019 | Source: NSS Report no. 588: All India Debt & Investment Survey-2019 |

| Occupational category of household                                  | IOI (%)                                                             | AOD (Rs.)                                                           | AODL (Rs.)                                                          |
|---------------------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------|
| (1)                                                                 | (2)                                                                 | (3)                                                                 | (4)                                                                 |
|                                                                     |                                                                     |                                                                     | Rural                                                               |
| Cultivator                                                          | 40.3                                                                | 74,460                                                              | 1,84,903                                                            |
| Non-cultivator                                                      | 28.2                                                                | 40,432                                                              | 1,43,557                                                            |
| All                                                                 | 35.0                                                                | 59,748                                                              | 1,70,533                                                            |
|                                                                     |                                                                     |                                                                     | Urban                                                               |
| Self-employed                                                       | 27.5                                                                | 1,79,765                                                            | 6,52,768                                                            |
| Others                                                              | 20.6                                                                | 99,353                                                              | 4,82,162                                                            |
| All                                                                 | 22.4                                                                | 1,20,336                                                            | 5,36,861                                                            |
| Source: NSS Report no. 588: All India Debt & Investment Survey-2019 | Source: NSS Report no. 588: All India Debt & Investment Survey-2019 | Source: NSS Report no. 588: All India Debt & Investment Survey-2019 | Source: NSS Report no. 588: All India Debt & Investment Survey-2019 |

## STATEMENT  REFERRED  TO  IN  REPLY  TO  PART  (e)  TO  (g)  OF  LOK SABHA UNSTARRED QUESTION NO. 537 FOR 01.12.2021 Percentage distribution of amount of outstanding cash debt as on

30.06.2018 by type of credit agency:

| Credit agency                   | % distribution of outstanding cash debt   | % distribution of outstanding cash debt   |
|---------------------------------|-------------------------------------------|-------------------------------------------|
|                                 | Rural                                     | Urban                                     |
| (1)                             | (2)                                       | (3)                                       |
| Scheduled commercial bank       | 41.9                                      | 68.4                                      |
| Regional rural bank             | 5.7                                       | 1.3                                       |
| Co-operative society/bank       | 4.6                                       | 2.0                                       |
| Co-operative bank               | 5.3                                       | 5.0                                       |
| Insurance companies             | 0.1                                       | 1.3                                       |
| Provident fund                  | 0.0                                       | 0.1                                       |
| Employer                        | 0.1                                       | 0.3                                       |
| Financial institution           | 1.9                                       | 3.0                                       |
| NBFCs including MFIs            | 2.0                                       | 3.9                                       |
| Bank linked SHG/JLG             | 3.5                                       | 1.0                                       |
| Non-bank linked SHG/JLG         | 0.4                                       | 0.2                                       |
| Other institutional agencies    | 0.5                                       | 0.7                                       |
| All institutional agencies      | 66.1                                      | 87.1                                      |
| Landlord                        | 1.1                                       | 0.1                                       |
| Agricultural moneylender        | 6.3                                       | 0.3                                       |
| Professional moneylender        | 16.5                                      | 6.9                                       |
| Input supplier                  | 0.3                                       | 0.1                                       |
| Relatives and friends           | 6.8                                       | 4.1                                       |
| Chit fund                       | 0.2                                       | 0.3                                       |
| Market commission agent/traders | 0.6                                       | 0.2                                       |
| Others                          | 2.0                                       | 0.9                                       |
| All non-institutional agencies  | 33.8                                      | 12.9                                      |
| All agencies                    | 100.0                                     | 100.0                                     |