Page 2 - Rural India

Bringing investment to rural sector key priority: IFAD president

Bringing investment to the rural sector is a key priority for the International Fund for Agricultural Development (IFAD), President Alvaro Lario said, adding that investment in agriculture is two to three times more effective in reducing poverty than in any other sector. In an interview with PTI, Lario stressed on the importance of bringing private capital to the rural sector, and said that globally, investments worth around USD 75 billion is required to adapt to the impact of climate change. Founded in 1977 in response to a global food crisis, IFAD is a specialised United Nations agency and an international financial institution that tackles hunger and poverty in rural communities. "IFAD's priority is to mobilize financing, especially long-term financing for rural areas and especially to have and deliver a long-lasting impact for those who need it most," Lario told PTI. "So for us, finance is a means to an end and we know that investment in agriculture is two to three times more .

74% rural households expect income growth in 1 year: Nabard survey

Forecast of 'above normal' southwest monsoon in 2025 that would boost farm growth and rising consumption demand in rural India has fuelled the positive change in the rural sector

Darkness to Disruption: This CEO is Lighting Up Rural India and Africa

In this episode of Manager’s Mantra, Manoj Sinha, CEO of Husk Power Systems and TIME100 Climate Leader, shares how renewable energy and AI are lighting up rural India.

Grameen Credit Score framework likely to be launched in next 3 months

The GCS is expected to serve as a supplementary tool to existing credit bureaus, allowing banks, microfinance institutions, and other lenders to better evaluate the creditworthiness of rural borrowers

Saarathi Finance raises ₹475 cr to boost MSME lending in rural India

TVS Capital, Lok Capital and others back newly licensed NBFC to expand credit access for underserved MSMEs in semi-urban and rural India, valuing firm at ₹900 crore

Global farm firms come together to train 500,000 rural entrepreneurs

The academy, which has been set up with a starting capital of $3 million, will seek to address critical challenges in smallholder farming

Time spent by Indians on leisure, mass media up by 16 minutes: Survey

NSO's latest survey says the time spent on these activities rose to 159 mins a day in 2024

Full market potential of digital space a long way to harness: Report

Geographical divide between urban and rural India far sharper than gender divide, it says

Will Budget tax relief help BJP energise Delhi's middle class voters?

Banking on the Budget's tax relief, the BJP seeks to energise Delhi's middle class; the AAP is doing its bit too. But will their outreach mobilise this politically crucial yet disengaged electorate?

Will Union Budget 2025 focus on enhancing rural internet accessibility?

Union Budget 2025: With Finance Minister Nirmala Sitharaman set to present Budget 2025, the telecommunication industry expects measures directed towards rising internet penetration in rural India

Retail inflation for farm, rural workers drops to 5.01% and 5.05% in Dec

Retail inflation for farm and rural workers eased to 5.01 per cent and 5.05 per cent in December from 5.35 per cent and 5.47 per cent, respectively, in November 2024. The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) remained unchanged for December 2024 at 1,320 and 1,331 points, respectively, a labour ministry statement said. According to the statement, the CPI-AL and CPI-RL were 1320 points and 1331 points, respectively, in November 2024. The year-on-year inflation rates based on CPI-AL and CPI-RL for December 2024 were recorded at 5.01 per cent and 5.05 per cent, respectively, compared to 7.71 per cent and 7.46 per cent in December 2023, it added. The corresponding figures for November 2024 were 5.35 per cent for CPI-AL and 5.47 per cent for CPI-RL.

Rural sales could rebound in 'big way' in next 4-8 quarters: Hero Moto CEO

Hero MotoCorp, India's largest two-wheeler manufacturer, recorded seven per cent increase in volume sales to 5.9 million units in 2024, with rural areas accounting for about 55 per cent of total sales

Rent taking up larger share of urban income, travel expenses rising

The numbers also reflect a growing divide between rural and urban India when it comes to rents

Boosting infra, empowering youth in rural areas a priority: PM Modi

At the inauguration of Grameen Bharat Mahotsav 2025, Prime Minister Modi highlighted the importance of creating economic policies that take into account every section of the society to strengthen the

PM Modi to inaugurate Grameen Bharat Mahotsav 2025 in Delhi today

Celebrating Rural India's entrepreneurial spirit and cultural heritage, the Mahotsav will be held from January 4 to 9

Work demand under MGNREGA rises 8.3% in December 2024, shows data

Data sourced from the MGNREGA website showed that 21.58 million households sought work under the scheme in December

Chhattisgarh, West Bengal lead in social welfare expenditure in rural areas

Data showed that the monthly per capita consumption expenditure (MPCE), taking into account imputed values, stood at Rs 4,247

NE states led growth in consumption expenditure during 2023-24: NSO

Data showed that average MPCE in rural Sikkim grew by 21.3 per cent to Rs 9377 during the period

PM Modi to distribute 5.8 mn Svamitva property cards: All you need to know

Panchayati Raj Secretary Vivek Bharadwaj said 20.19 million property cards have been prepared till now

Retail inflation for farm workers eases to 5.35%, rural labourers to 5.47%

Retail inflation for farm workers and rural labourers dipped to 5.35 per cent and 5.47 per cent in November compared to 5.96 per cent and 6 per cent, respectively, in October this year. The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) registered an increase of 5 points each in November 2024, reaching levels of 1,320 and 1,331, respectively, a labour ministry statement said. The CPI-AL and CPI-RL were 1,315 points and 1,326 points, respectively, in October 2024. "The year-on-year inflation rates based on CPI-AL and CPI-RL for the month of November 2024 were recorded at 5.35 per cent and 5.47 per cent, respectively, compared to 7.37 per cent and 7.13 per cent in November 2023. The corresponding figures for October 2024 were 5.96 per cent for CPI-AL and 6.00 per cent for CPI-RL," it stated.