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Tuesday, March 26, 2024
TopicRural economy

Topic: Rural economy

With Rs 86,000-cr for FY25, MNREGS budget sees no change from 2023-24 revised estimate as polls loom

FY25 allocation is exactly the same outlay as given in revised estimates for the current financial year. Activists say it's not sufficient to meet demand for work in rural areas.

Rotting crops, unsold produce, falling incomes — How India’s hopeful rural economy has crashed

Rural economy was meant to push India in a difficult year, but a number of factors are making that difficult. ThePrint travels across the country to find these out.

SBI report says rural economy is losing steam, flags rising unemployment and fall in wages

For 12 Indian states, the loss in state GDP in the current fiscal is mainly due to the rural areas, says the research report by State Bank of India.

Economists must stop looking at rural India as just labour supply tool post Covid: Yunus

Now is a good time to integrate the most crucial feature missing in the Indian micro-finance system — running it as a social business, writes Nobel Peace Prize winner Muhammad Yunus.

Income of Indian farmers is rising, but that doesn’t mean economy is out of the woods

Rising incomes of Indian farmers don’t appear widespread and non-farm workers worried about job losses aren’t spending.

Tie-up with industries, skill training, job schemes — plans states are making for migrants

UP has already sent list of over 3.5 lakh workers to industry associations while Jharkhand is planning an urban wage employment scheme.

India’s tractor industry expected to recover from lockdown ahead of others

Moves to boost rural employment will eventually lead to lesser labour availability, driving higher farm mechanisation and tractor sales, Nomura says.

Rural economy showing positive signs, but lockdown must be lifted for recovery: SBI chairman

Rajnish Kumar says with economy slowing down, credit growth will decelerate, and adds that only 15-20% of SBI’s borrowers have availed of RBI’s loan moratorium.

India’s rural economy is facing its biggest challenge, and the pain is only getting worse

Rural unemployment has shot up above 20% in past 30 days & about 400 million workers in the informal economy are at risk of falling deeper into poverty.

Modi wanted to end MGNREGS. Now it’s his only tool to ride through slowdown

Under the Modi government, the MGNREGS has suddenly become both an indicator of rural stagnation as well as the proposed solution to it.

On Camera

72% of Indians are in favour of military rule. Complicates ‘deepening of democracy’ theory

The search for a permanent and coherent popular meaning of democracy is futile. The Pew report underlines this ever-evolving tendency of popular democracy in the Indian context.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

India deploys 11 submarines, a first in nearly three decades 

This deployment by the Indian Navy Friday is a stark contrast to the submarine history of the last two decades that has seen the arm hit by dwindling strength, accidents and write-offs.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.