Friday, 2 December, 2022
TopicRural economy

Topic: Rural economy

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.

India’s rural consumption down 15%, growth reduces to less than half of 2018, says Nielsen

The Nielsen report found that the economic slowdown is worse in northern India, which has a higher dependency on the rural segment and has seen a surge in unemployment.

On Camera

YourTurn

Prannoy Roy in Abu Dhabi

You can call NDTV elitist, anglicised. But it defended democracy, gave us Ravish Kumar

In all these years of covering elections on NDTV, I do not recall a single occasion when I was asked or even hinted to say or not say something. I disagreed with Prannoy Roy off-screen and on-screen and that was never a problem.

51 cow universities, old pension scheme, jobs — what RSS affiliates want from 2023 Budget

Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.

Defence

A soldier with 'Arjun', a black kite trained to down enemy drones, during the Yudh Abhyas exercise being held in Auli, Uttarakhand | Suraj Singh Bisht | ThePrint

It’s a plane, no it’s a bird! Army’s training eagles & falcons to swoop down on hostile drones

The birds are also being trained for surveillance at Remount Veterinary Corps Centre in Meerut, with cameras fitted to their heads to record videos.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.