Page 3 - Rural Income

Second wave dents rural economy leading to knock-on effect on recovery

With several state governments announcing local and state-wide lockdowns, economic impact would not only dent rural households' fragile financial health, but rural consumption is also decreasing

Atmanirbhar & rural growth: Need to make all the right noises

The expenditure for total rural development schemes declined from Rs 2.16 trillion in FY21 to Rs 1.95 trillion in FY22.

Domestic steel demand seen down by 10-12% in FY21: Brickwork Ratings

In Q1FY21, finished steel production crashed by 49% and consumption by 53% compared with Q1FY20 levels

Tractor sales may grow 10-12% in FY21 due to strong rural income: Ind-Ra

Tractor sale volumes are expected to grow 10-12 per cent this fiscal over the previous year primarily driven by a strong rural income owning to solid rabi crop harvest, ratings agency Ind-Ra has said

Covid broke migration trends, led to temporary rural unemployment: Report

Labour out-migration from cities led to temporary rural unemployment, shows state finance report

Covid-19 impact: 6 months on, migrants caught between hope and despair

Lockdown bruises still fresh in their minds, it's now a fight for survival

MGNREGS funds fast drying up as demand surges amid Covid-19 pandemic

Almost 63 per cent of the increased allocation of around Rs 1.01 trillion has been spent in the first five months of 2020-21

Rural India gets a mini-public works boost

A good kharif sowing season coupled with adequate monsoon rains has raised hopes that the rural economy would prop up consumer spending and incomes

MGNREGA today and tomorrow

The programme is providing relief today, but how can it ensure the basis of livelihood security in the future?

The not so green shoots of rural revival

Rural rebound and its role in reviving the economy are overstated

Govt aims to embrace 32 mn construction hands not yet covered under PMGKY

Only 18 million workers out of 50 million got cash transfer in their bank accounts under the Pradhan Mantri Garib Kalyan Yojana

Govt may add more districts under rural jobs scheme for migrant workers

The Garib Kalyan Rojgar Abhiyaan was launched June 20 to provide work for 125 days in 25 areas to migrant workers in 116 districts of six states

Five ways to overhaul the rural jobs scheme

Five immediate steps are required to strengthen MGNREGS after the budget enhancement.

Linking farm sector fortunes to unpredictable monsoon could be premature

More than normal rainfall, it is the distribution, spread and timeliness that will play a bigger role in improving the lot of farmers

Govt pumps Rs 30,000 crore into Nabard, offers Rs 2-trn loan to farmers

Brings 25 million farmers under concessional loan scheme; experts say these measures do nothing to address basic problem of low farm prices and falling demand

Half of rural Indians eating less; a third may stop kids' schooling: Report

A ground survey by Transforming Rural India Foundation raises alarm bells about the impending human catastrophe unfolding in rural India due to the coronavirus crisis

Rural students spend more in books, uniform, stationery than urban: Survey

Among those who were enrolled, drop-out rate was as high as 10 per cent at primary level, 17.5 per cent at upper primary/middle, and 19.8 per cent at secondary level, the survey added.

Can rising food inflation help India's languishing rural economy

A study shows that a 10% increase in the price realised by farmers directly raise their incomes by 13 per cent and had a large favourable effect on production as well

Budget should look to push rural demand, not reduce I-T rate: Economists

Ajit Ranade, chief economist at Aditya Birla Group, said, "I don't think a cut in the personal income tax is a good thing to do at this juncture."

More than 200 scholars ask govt to release Consumer Expenditure Survey data

The statement comes in light of the Modi government recently saying that it will not be releasing the Survey of Consumer Expenditure, 2017-18 because of "data quality" issues