Topic: Rural economy
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.
Budget 2018: It’s the rural economy, stupid
With large parts of the country, including poll-bound states, gripped by a farm crisis, Modi govt’s last budget gives top priority to the rural sector.
Students in Kashmir attended regular classes for only two weeks in the last one year
The price Kashmir’s economy paid for 5 August: ₹40,000 cr and unemployment levels twice the national average.
India isn’t facing up to the true financial cost of Covid
Truth is currently as scarce as capital in India. The govt doesn’t have the appetite for large-scale socialisation of private losses, lest the opposition accuse PM Modi of cronyism.
Defence
India, China generals meet today as ‘PLA keeps up Pangong incursions, blocks army at Depsang’
The fresh round of dialogue comes as India and China have hit a stalemate in military talks with regard to disengagement at multiple flashpoints in Ladakh.
Modi redefined secularism with Ram Mandir as Hindu voters were fed up of Sonia-Left version
Assumptions that Indian secularism died with Ram Mandir bhoomi pujan are bunk. It is enshrined in the Constitution, and is worth preserving.