Page 5 - Rural Economy

Working class politics: A global puzzle

The right wing's appeal to the working poor has to do with the fact that economic insecurity has often been intertwined with cultural insecurity, which the right is in a better position to exploit

Retail inflation for farm and rural workers eases slightly to 7.22% in Oct

Retail inflation for farm and rural workers eased marginally to 7.22 per cent and 7.34 per cent, respectively, in October compared to September 2022, mainly due to lower prices of certain food items. "Point to point rate of inflation based on the CPI-AL (consumer price index-agricultural labour) and CPI-RL (rural labour) stood at 7.22 per cent & 7.34 per cent in October 2022 compared to 7.69 per cent & 7.90 per cent respectively in September 2022 and 2.76 per cent and 3.12 per cent respectively during the corresponding month of the previous year," a labour ministry statement said. Food inflation stood at 7.05 per cent and 7 per cent in October 2022 compared to 7.47 per cent & 7.52 per cent respectively in September 2022 and 0.39 per cent & 0.59 per cent respectively during the corresponding month of the previous year. The All-India Consumer Price Index Number for Agricultural Labourers and Rural Labourers for the month of October 2022 increased by 10 points and 9 ...

Finance ministry likely to give additional Rs 25,000 crore for MGNREGS

But asks rural development ministry to identify and remove inefficiencies

Patchy rains, inflation hit rural sales of FMCG companies: NielsenIQ

Volumes decline 3.6%; urban areas sustain at 1.2 %: NielsenIQ

The irrelevance of regional rural banks

Scope of their survival is diminishing. Even as the overall business of rural financial institutions has generally been looking up, they are struggling to scale up business volumes

J-K govt lists 181 villages for development under TVDP to empower youth

To strengthen the rural economy and empower the youth and women with direct and indirect employment opportunities, the Government of Jammu and Kashmir has identified 181 villages having picturesque beauty and cultural significance for transformation into tourist destinations under Tourist Villages Development Program (TVDP), stated the Department of information and public relations JK.Under Mission Youth's initiative, registered youth and Self Help Groups are provided an opportunity to be a part of the Government's endeavour to boost rural tourism in J & K.According to the official statement, the youth-led sustainable tourism initiative will strengthen the rural economy and community entrepreneurship, empowering youth and women by providing direct and indirect employment opportunities. This step will showcase the landscapes, indigenous knowledge systems, cultural diversity and heritage, local values and traditions, besides encouraging film shooting and offering financial ...

Rural demand in India to rebound due to multiple factors: Morgan Stanley

A combination of factors like wider opening, improving labour market and terms of trade for the rural sector will result in rural demand to rebound in India, said Morgan Stanley on Wednesday

Inflation forcing rural India to buy fewer essentials items: Report

A new report reveals people in villages are concerned about inflation and its impact on their financial condition

States' MGNREGA under probe for potential financial misappropriation

Some states have been using more than permitted MGNREGA funds to build rural infrastructure instead of generating livelihood opportunities for rural needy, says Central government

Sign of rising rural distress: MGNREGS demand up in poorest states

A rise in the demand for work under the scheme shows rising economic distress

Country's economy grows when rural sector is strengthened: Yogi Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath on Thursday said the country's economy progresses when rural economy is strengthened. The chief minister was addressing a rural development exhibition organised by the Pandit Deendayal Upadhyaya Smriti Mahotsav Samiti in Mathura via video-conferencing from his official residence in Lucknow. "Deendayal Upadhyaya-ji had said that the standard of the economy of any country is judged by the economic condition of the person in the lowest rung," Adityanath said. He said emphasis has been laid on the use of technology to reduce the cost of farming and increase the production efficiency of agriculture. To bring happiness in the lives of farmers, programmes like Soil Health Card, Pradhan Mantri Krishi Sinchai Yojana, Pradhan Mantri Fasal Bima Yojana etc. are being run in the country, the chief minister said. He said his government has provided concessions on electricity bills of tube wells used by farmers. "The state government has collaborated

Obituary: Abhijit Sen - A great economist with rural, agriculture focus

He was an excellent analytical economist and his is a great loss to the profession of economics vis-a-vis research and policy, writes S Mahendra Dev

Godhan Nyay Yojana: Chhattisgarh eyes subsidy for vermicompost production

As of now, the Chhattisgarh government has purchased 7.35 million quintals of cow dung, paying Rs 147.06 crore to the committees and strengthening the rural economy

Rains key to consumer sentiments now

The recovery of consumer sentiments in rur­al India in July is likely a reflection of the improved economic prospects of the agricultural sector

Inflation eats into India's rural demand while green shoots become visible

After a pandemic slump, consumer goods makers are banking on a good monsoon but erratic rain patterns make a sustained recovery open to question

Internet usage grows faster in rural India; knowhow still a deterrent

346 million make online transactions for e-commerce and digital payments, with coronavirus boosting practice

After dung, Chhattisgarh's Congress govt to use cow urine as fertiliser

About two months ago, Chief Minister Baghel had envisaged using cow urine for strengthening the rural economy and organic farming

India's FMCG sector grows at 6% in Q4; volumes contract on low consumption

The overall volume degrowth in India's FMCG sector was spread across categories, but the extent was significantly higher in non-food compared to food

Normal monsoon boost Indian economy; related stocks may gain: Analysts

Analysts consider the south-west monsoon to be the lifeline of India's agri-based economy, as it is likely to brighten outlook for bumper crop output amid inflationary times post covid-19 blowout.

PM Modi calls for startup push in rural areas, expansion of women led SHGs

PM Narendra Modi on Wednesday said that financial inclusion has ensured greater participation of women in economic decisions. He also said that women are major pillars of the rural economy.