Rural Business confidence index touches 63.9 in Oct 21: CRIF Highmark-CII

This signifies high optimism and industry's upbeat mood on the rural economy in India

Keeping with the upturn in the Indian economy, the Rural Business Confidence (RBC) Index showed a high reading of 63.9 in October 2021. It signifies high optimism and industry’s upbeat mood on the rural economy in India, according to an index launched by CII- CRIF High Mark.

This is the first time the duo have come out with such an index, and would release a reading on it twice a year. RBC Index will be ranged between zero and 100. Higher the RBC Index, the better is the outlook on rural business sentiment.

The Survey undertaken for index in September