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The not so green shoots of rural revival

Rural rebound and its role in reviving the economy are overstated

Topics
Rural income | Rural economy | Reserve Bank of India

S Mahendra Dev 

S Mahendra Dev

The performance of the rural economy is important as around 70 per cent of the country’s population and workforce reside in rural areas. Increase in their purchasing power is crucial to creating demand for goods and services of the entire economy. In this context, we examine the present state of the rural economy and the measures needed for its revival, which can also help in improving the overall economy.

The impact of Covid-19 on rural India is much less than in urban areas. There are also reports that the rural economy is reviving after the lockdown. It is true that the only ...

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First Published: Fri, July 31 2020. 01:25 IST
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