Page 4 - Rural India

Dabur soars 7%, nears 52-week high as Q1 results boasts of rural recovery

According to the management, with a little negative impact from beverage portfolio, mid-single volume growth should be possible in the near term in the India business

In charts: India's rural super rich are growing faster than the urban rich

According to PRICE, the category of rich Indians which has seen the fastest growth in numbers in the five years ending 2020-21 has been the 'super rich' - or those more than Rs 2 crore annually.

Samsung expects monsoon to bring strong growth from rural area in 2nd half

Smartphone major Samsung expects normal monsoon will fuel high demand in rural areas and bring in strong business growth in the second half of this year, a senior company official said on Tuesday. Samsung India Senior Vice President for Mobile Business Raju Pullan said that the company is not only seeing growth coming from the urban market but it is also coming from the tier 1, 2, and also rural markets. "We are seeing very strong consumerism and very strong demand for consumption in the rural area. As IMD (India Meteorological Department) states that the monsoon in India will be as per expectation because of this we are expecting a very good second half as well. "We are preparing for a very strong second half and (Galaxy) F54 5G is seeding to a very strong growth in the second half of this year," Pullan said. He was speaking after the launch of the 10th 5G smartphone, Galaxy F54, which it will sell through Flipkart, the Samsung website, and at select retail stores at an introducto

Spandana Sphoorty's net profit rises 268% to Rs 105 cr in March quarter

The overall assets under management stood at Rs 8,511 crore as of March 31, 2023, against Rs 6,581 crore in the year-ago period

FY24 MGNREGS budget might last just a few months if enough work provided

During below-normal monsoon years, MGNREGS acts as a cushion for rural labourers who find it difficult to get work in the fields and farms

Vodafone Idea expands retail footprint in rural parts of West Bengal

Aiming to reach people outside cities and major towns, Vodafone Idea on Monday said it has been aggressively expanding its retail footprint in rural India, including in West Bengal. The private telecom operator added over 130 new-format 'Vi Shops' in tier III locations across 20 districts in West Bengal within 45 days, it said. Till now 330 Vi Shops have been rolled out in the state since November 2022. Nationally the number of such stores is 1,100 in 18 states as of February. The modern design of the new format Vi Shops aligns with signature elements that define existing Vi Stores in urban locations. The shops offer the entire bouquet of Vi prepaid products and services. We have taken a renewed approach to our rural retail strategy and moved closer to customers by introducing the concept of Vi Shops across multiple small towns and tier III markets. "We have scaled up to 330 Vi Shops in Rural West Bengal, under one of the fastest retail expansion exercises in the country, said ...

Rural India faced discrimination under Cong: PM Modi on Panchayati Raj day

PM Modi also launched the 'Joint Steps towards Development' campaign with the aim of increasing people's participation in ensuring full benefits of government schemes

FMCG sales: Rural India pulls ahead in Q4FY23, shows Bizom data

Q4 kirana stockpile across products powers FY23 sales growth

Rural cleanliness: UP govt to train village officials, sanitation workers

To ensure cleanliness in villages, the Uttar Pradesh government will provide necessary training to local functionaries and sanitation workers, an official said on Tuesday. The official said around 83,000 people, including village pradhans, block motivators and panchayat assistants, will be provided training in batches in 20 District Panchayat Resource Centres and the Panchayati Raj Training Institute in Lucknow. In a statement, Additional Chief Secretary of Panchayati Raj Manoj Kumar said that 25,145 gram panchayats will be covered in the second phase of the Swachh Bharat Mission (Rural) in this financial year. "Under this, a target has been set to cover 43,242 revenue villages. A number of campaigns will be launched to manage solid and liquid wastes, in addition to maintaining the achievements made in these villages during the first phase of the mission," Kumar said. He said that six master trainers have been posted at every training centre. These master trainers have recently be

Women, villages and the less affluent drive internet growth in rural India

The message from Nielsen's latest India Internet Report is that media planners need to get out of the reach game and get more creative to leverage the new type of audiences coming online

Two-thirds of NTC consumers were from semi-urban areas in 2021: Report

More than two-third of the new to credit customers in India hailed from the rural and semi-urban areas in 2021, according to a credit information company. Women, farmers and youth lead the charge on the New To Credit (NTC) customer addition front, which is desirable from a financial inclusion perspective, Transunion Cibil said on Tuesday. In 2021, the total number of NTC customers stood at 35 million while the January-September 2022 period saw 31 million additions, it said in a report. NTC consumers are ones with no prior credit history on their credit bureau file who opened their first-ever, traditional credit product such as a consumer durable loan, personal loan, agricultural loan, two-wheeler, gold loan or home loan. More than a fourth of the NTC customers in the first nine months of 2022 started their credit journey by availing a consumer durable loan, followed by 16 per cent who took an agricultural loan and 13 per cent availed personal loans, it said. Among the NTC consumer

Urban India leaves rural way behind as vaccinations surge 44% nationwide

This is despite the prevalence of a much larger population in the country's villages and a greater number of vaccination centres in these areas, compared to urban

Rural demand for FMCG products nears positive territory in December

Overall demand from rural areas declined 0.2 per cent on a month-on-month basis in December while it was down 17 per cent in November, according to Bizom's data

Rural, semi-rural areas are high on priority of Modi govt: Jitendra Singh

Singh highlighted that over the last 8 years, PM Modi's welfare schemes reached the neediest without any vote bank consideration

Financial literacy poor across urban, rural population: RBI survey

The survey was based on three parameters namely, financial knowledge, attitude and behaviour. On a total score of 21, the average urban and rural scores were 11.7

Declining demand for jobs under MGNREGA, but workers await pending payments

Union Finance Minister Nirmala Sitharaman, while addressing the Lower House of Parliament on December 14 this year, claimed that the demand for work under MGNREGA is on the wane

Private companies lap up Esri's GIS software for multiple uses

Government departments have used it to build village land records, track rural roads, and manage water resources

Women, rural poor, unemployed lagging due to digital divide: Oxfam India

The report revealed a digital divide based on employment status, where 95% of the salaried permanent workers have a phone whereas only 50% of the unemployed have a phone in 2021

Rural distress harming MSMEs, pulling down manufacturing: Economists

Government's PLI schemes can help manufacturing and reduce import dependence in some sectors, say some experts

Absence of incentives, poor awareness hobble rural WiFi scheme PM-WANI

Scheme central to government's plans to create up to 10 mn public WiFi hotspots by Dec