Budget 2023: ’Rural income growth, women empowerment should be priority’
1 year, 11 months ago

Budget 2023: ’Rural income growth, women empowerment should be priority’

Live Mint  

With global geopolitical uncertainties and the slowing growth of the world economy, it is crucial to address job creation challenges and boost consumer demand in the country. The upcoming budget should be focused on rural income growth and our target should be at least 100% growth in every household income in near future. Through women's self-help groups, millions of jobs can be created in rural areas, provided if the marketing and sale of the products made by these women’s self-help groups are taken care of by the private sector through public-private partnerships and it will increase the income of these women. The Government should provide financial assistance to buy machineries required to produce food and other products and the same can be marketed through private participation, which will increase the rural house-hold income. With the focus on rural infrastructure, the upcoming budget should increase allocation to capital expenditure which would help create employment in rural areas and boost rural demand that is today a concern in the domestic economy.

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History of this topic

Rural India records 10% rise in literacy rate in past decade
1 month ago

Rural India records 10% rise in literacy rate in past decade

India Today  

Education has been a cornerstone of India’s development since independence, with successive governments striving to improve literacy rates across the nation. Notably, rural literacy has shown remarkable growth, with a 10 percentage point rise in the past decade, as highlighted by Union Minister of State for Education, Jayant Chaudhary, during the ongoing Lok Sabha winter session. According to statistics shared …

69% growth in rural female employment during 2018-23, says government report
1 month ago

69% growth in rural female employment during 2018-23, says government report

New Indian Express  

India has witnessed significant growth in its Female Labour Force Participation Rate, particularly in rural areas, from 2017–18 to 2022–23, according to the government. In the executive summary of the paper, the authors state: "Our paper measures the final outcome of these initiatives as a cumulative growth in female LFPR across India, with a particular focus on rural areas. According …

Mint Explainer: How sustainable is India's rural consumption boom?
1 month, 3 weeks ago

Mint Explainer: How sustainable is India's rural consumption boom?

Live Mint  

India’s consumer goods giants found an unexpected saviour this past quarter: rural demand. The periodic labour force survey data show a jump in women’s participation in economic activities in rural India since the Covid-19 pandemic. The easing of labour law provisions by some states to allow women to work night shifts also contributed to raising their participation in economic activities …

Mint Explainer: How sustainable is India's rural consumption boom?
1 month, 3 weeks ago

Mint Explainer: How sustainable is India's rural consumption boom?

Live Mint  

India’s consumer goods giants found an unexpected saviour this past quarter: rural demand. The periodic labour force survey data show a jump in women’s participation in economic activities in rural India since the Covid-19 pandemic. The easing of labour law provisions by some states to allow women to work night shifts also contributed to raising their participation in economic activities …

Andhra Pradesh budget 2024: Rs 29,909 crore allocated to education sector, focus on rural development
2 months ago

Andhra Pradesh budget 2024: Rs 29,909 crore allocated to education sector, focus on rural development

India TV News  

Andhra Pradesh Finance Minister Payyavula Keshav on Monday presented the state’s budget for the fiscal year 2024-25, totaling Rs 2,94,427.25 crore. Sectoral Allocations: Education : Rs 29,909 crore allocated for school education. Rural Development: Rs 16,739 crore allocated for Panchayat Raj and Rural Development, overseen by Deputy CM Pawan Kalyan. Agriculture and Rural Development: Significant emphasis on agricultural welfare, with …

India Rural Colloquy 2024 Highlights Alarming Regression in Gender Gap Closure
5 months ago

India Rural Colloquy 2024 Highlights Alarming Regression in Gender Gap Closure

The Quint  

The session underscored the urgent need for actionable solutions to bridge the gender gap and foster greater inclusion of women in the rural workforce. As India continues to grapple with these challenges, the insights and discussions from the India Rural Colloquy 2024 serve as a crucial blueprint for policymakers, activists, and communities committed to realizing the full potential of rural …

India Economic Outlook: Deloitte Predicts Strong Growth at 7%-7.2% for FY25
5 months, 1 week ago

India Economic Outlook: Deloitte Predicts Strong Growth at 7%-7.2% for FY25

The Hindu  

Deloitte’s India Economic Outlook for August 2024 predicts strong economic growth between 7.0% and 7.2% in FY25, driven by robust economic fundamentals, surpassing the Economic Survey’s prediction, but aligning with the Reserve Bank of India’s outlook. Government initiatives in the Union Budget 2024-25 were expected to boost agriculture productivity, create jobs, and improve MSMEs’ access to finance, thereby enhancing consumer …

More Than a Social Issue: Why Women’s Empowerment is an Economic Imperative
5 months, 2 weeks ago

More Than a Social Issue: Why Women’s Empowerment is an Economic Imperative

News 18  

“Empowering women isn’t just the right thing to do – it’s the smart thing to do.” – Barack Obama India stands at a critical juncture in its pursuit of inclusive economic growth, where the interplay of health, gender equality, and economic policies is more significant than ever. The recently tabled Economic Survey 2024 and the Union Budget have brought to …

Rural-Urban Consumption Dynamics in India
7 months ago

Rural-Urban Consumption Dynamics in India

Deccan Chronicle  

Over the past decade, India has witnessed a notable rise in consumption spending in both rural and urban areas, indicating a shift in economic dynamics and lifestyle choices. Furthermore, the changing food habits of the Indian populace have contributed to the evolving consumption patterns observed in both rural and urban areas. In conclusion, the equivalent rise in consumption spending in …

What do women farmers need in this budget?
11 months, 3 weeks ago

What do women farmers need in this budget?

Hindustan Times  

In the vast landscape of Indian agriculture, women play a pivotal role, constituting around 43% of agricultural labourers globally and a staggering 84% in rural India. Initiatives like the Mahila Kisan Sashaktikaran Pariyojana under the National Rural Livelihood Mission have been instrumental in acknowledging and enhancing the visibility of women farmers. As the 2024-25 budget takes shape, it must reflect …

Challenges and opportunities for women farmers in India
1 year, 1 month ago

Challenges and opportunities for women farmers in India

Hindustan Times  

India, a nation deeply rooted in its agricultural heritage, stands firm on the pillars of its rural population. An article issued by Niti Aayog highlighted that a staggering 80% of women in these regions are deeply entwined in the rhythms of agricultural life, reinforcing their indispensable role in India's agricultural narrative. Women's leadership in agriculture can tackle gender inequality head-on, …

A holistic approach to rural development in India
1 year, 1 month ago

A holistic approach to rural development in India

Hindustan Times  

Rural development in India requires a comprehensive and integrated approach. Infrastructure forms the backbone of economic development, and rural areas often suffer from inadequate connectivity, poor roads, and a lack of basic amenities. In rural India, access to quality health care remains a challenge due to inadequate infrastructure, a shortage of healthcare professionals, and a lack of awareness. Expanding the …

Fostering women's entrepreneurship for progress
1 year, 4 months ago

Fostering women's entrepreneurship for progress

Hindustan Times  

In a quaint village nestled amidst lush fields and rolling hills, lived a determined young woman named Meera. Should India prioritise the creation of more women entrepreneurs, especially in the rural realm, the nation stands poised to catalyse innovation and investment in women's financial independence, education, and overall well-being. With a solution-oriented approach represented by the acronym ELEVATE - Empowerment …

Private sector holds the key to a fertile future for women farmers
1 year, 6 months ago

Private sector holds the key to a fertile future for women farmers

Hindustan Times  

The lives that women in rural India lead in 2050 is likely to determine whether the country has achieved its full potential. The agriculture sector engages 80% of economically active women in the country, higher than any other industry, putting women farmers at the centre of India’s growth story. Products and services tend to be designed for male farmers, leaving …

Clean-tech as the next big thing in rural India
1 year, 10 months ago

Clean-tech as the next big thing in rural India

The Hindu  

What do Meera Jatt, a dairy company director from the Dooni Tonk area in Rajasthan, Pooja Verma, who organised and trained hundreds of women in silk reeling, and Lalita Devi, who leads a farmer producer company with a ₹6 crore annual turnover in Fatehpur, Uttar Pradesh have in common? A recent Council on Energy, Environment and Water study has shown …

Budget 2023: What the social sector wants from Finance Minister Nirmala Sitharaman
1 year, 11 months ago

Budget 2023: What the social sector wants from Finance Minister Nirmala Sitharaman

India TV News  

Budget 2023: The Indian economy is on a slow path to recovery as the COVID-19 crisis has more or less subsided. 35,000 crores • Revitalizing water harvesting structures by excavating existing lakes and tanks @ Rs. 5000 crores • Enhancing MGNREGA allocation to Rs 200,000 crores to meet all the wage employment requirements, which in turn can build large-scale livelihood …

The rise of rural manufacturing
2 years, 1 month ago

The rise of rural manufacturing

The Hindu  

There is growing evidence to suggest that the most conspicuous trend in the manufacturing sector in India has been a shift of manufacturing activity and employment from bigger cities to smaller towns and rural areas. This study investigated the urbanisation of the Indian manufacturing sector by “combining enterprise data from formal and informal sectors and found that manufacturing plants in …

Can 'Kantara' kindle the hope of a rural renaissance?
2 years, 1 month ago

Can 'Kantara' kindle the hope of a rural renaissance?

Live Mint  

Kantara: A Legend, a Kannada movie made with a big heart, conviction and a modest budget of ₹16 crore is a global box office hit. India’s MSME sector is still recovering from demonetization followed by a sudden GST burden and then covid lockdowns, but we could still hope for a Kantara-inspired rural renaissance. Here’s how: Think global: If a small …

Women fail to get due recognition as farmers
2 years, 4 months ago

Women fail to get due recognition as farmers

Deccan Chronicle  

Adilabad: When the founding fathers of the Indian republic sat down to write the Constitution, the feature that they gave utmost importance was equality. There is a strong notion among the people that men take up “hard work” that women can’t perform and therefore women’s work is quite easy. Despite the work that women undertake require unique skills, women won’t …

Empowering India’s women farmers: Bridge the gap
2 years, 9 months ago

Empowering India’s women farmers: Bridge the gap

Hindustan Times  

Agriculture, one of the largest contributors to India’s Gross Domestic Product and a driving force for country’s economic development, relies heavily on women employing the largest number of women in India. Research has consistently shown that inequity in access to resources impacts both the economic well-being of women farmers as well as overall agricultural output of the country. There has …

Budget 2022: Bharat needs revival of animal spirits to boost consumption
2 years, 11 months ago

Budget 2022: Bharat needs revival of animal spirits to boost consumption

Firstpost  

Budget 2022: Rural demand turned sluggish after the second wave of the pandemic even as other parts of the economy recovered robustly The first advance estimate of India’s GDP growth for 2021-22 indicated a steadfast recovery in the economy after the blow from COVID-19 in 2020-21. “There is a structural losing of consumption momentum in the rural areas since 2018.” …

Haryana Minister on How Direct Cash Transfer Can Boost Agri Economy, Kick-start India’s Recovery
3 years, 6 months ago

Haryana Minister on How Direct Cash Transfer Can Boost Agri Economy, Kick-start India’s Recovery

News 18  

In the gloom and doom surrounding every discussion on the Indian economy, what is being ignored are the sustained efforts by farmers and the proactive policies of the government to ensure that India’s post-COVID rural economy is poised to grow at a fast pace. The Modi government has over the last seven years increased procurement from farmers by almost 1.5 …

Rural demand to remain muted due to Covid-19: Ind-Ra
3 years, 7 months ago

Rural demand to remain muted due to Covid-19: Ind-Ra

Hindustan Times  

The economic impact of the second Covid wave will be felt more through loss of demand impulse in rural India than in urban India, even though the India Meteorological Department has forecast a near-normal monsoon, India Ratings and Research said on Thursday. “While demand for agricultural credit and inputs such as fertilizers and pesticides could remain strong in view of …

Budget will help increase rural consumption: FMCG makers
3 years, 11 months ago

Budget will help increase rural consumption: FMCG makers

Live Mint  

The FMCG industry on Monday said a special focus on the agriculture sector in the Union Budget will help increase rural consumption and sustain growth momentum. FMCG manufacturers -- like ITC, Emami, Marico and Jyothy Labs -- said it is encouraging capital infusion in infrastructure, divestment and restructuring of allocations without impacting consumers negatively. According to ITC Chairman & Managing …

Don’t take rural demand for granted as a growth driver
4 years, 3 months ago

Don’t take rural demand for granted as a growth driver

Live Mint  

Rising covid afflictions in the hinterland are indeed worrying—not just because of the relatively poor health infrastructure there, but also the wider disruption to economic activity it portends. Two, India’s rural-focused measures such as higher spending under the Mahatma Gandhi National Rural Employment Guarantee Scheme, extension of concessional credit to farmers, and front-loading of payments to farmers under the Pradhan …

Measures taken by Indian govt. will boost economic growth: SBI MD Dinesh Khara
4 years, 10 months ago

Measures taken by Indian govt. will boost economic growth: SBI MD Dinesh Khara

The Hindu  

Slowdown in the Indian economy has bottomed out and measures taken by the government in the recent budget to improve capacity to spend in rural sector, infrastructure creation and inviting foreign investments will boost growth, State Bank of India Managing Director Dinesh Khara has said. “These kinds of measures which have been taken will go a long way in terms …

Budget 2020: Govt must give priority to agriculture, empower farm sector to revive economy; don't hand out doles and sops
4 years, 11 months ago

Budget 2020: Govt must give priority to agriculture, empower farm sector to revive economy; don't hand out doles and sops

Firstpost  

In Budget 2020, it is fervently hoped that the government will focus on genuinely empowering the farm sector. For instance, while the average farmer gets only Rs 711 a month from livestock rearing, farmers in Gujarat and Tamil Nadu and other progressive states get around Rs 100 per milch cattle per day for 300 days a year. Except in the …

India’s rural poverty has shot up
5 years, 1 month ago

India’s rural poverty has shot up

Live Mint  

Ever since India moved to a high growth trajectory in the 1980s, poverty rates have consistently declined over time. A Mint analysis of the consumption expenditure numbers reported by the National Statistical Office in a hushed-up report suggests that rural poverty rose nearly 4 percentage points between 2011-12 and 2017-18 to 30 percent even as urban poverty fell 5 percentage …

Budget 2019: Changing the game for rural India
5 years, 6 months ago

Budget 2019: Changing the game for rural India

Deccan Chronicle  

Finance Minister Nirmala Sitharaman presented a holistic and aspirational Budget that laid emphasis on boosting the Indian economy to a size of $5 trillion over the next five years. Providing 100 days of guaranteed wage employment each fiscal year through unskilled manual work does not ensure sustainable livelihood for the remaining 265 days of the year or help upskill rural …

Budget 2019: What Nirmala Sitharaman can do to empower women?
5 years, 6 months ago

Budget 2019: What Nirmala Sitharaman can do to empower women?

India Today  

With just a few days left for the announcement of finance minister Nirmala Sitharaman's maiden budget, industry bodies and social welfare organisations have asked the government to focus on generating more employment opportunities and services for women. Here are some ways Sitharaman can help empower women to boost the economy: Higher income tax exemption or higher rebate Data shows that …

How Nehru led to agrarian distress and what could be the way forward for inclusive growth
5 years, 11 months ago

How Nehru led to agrarian distress and what could be the way forward for inclusive growth

Op India  

Historical backdrop and policy impact: In 1947 when Prime Minister Jawaharlal Nehru took over reins of Independent India, deeply influenced by Marxist-Leninist socialism, he strived to achieve India’s prosperity by creating mammoth public sector enterprises that were engaged in manufacturing steel to running forcibly nationalised airlines. Moreover, other priority areas like primary education, health provisioning, family welfare, and even rural …

Core inflation flourishes in Rural India amid growing agrarian crisis
6 years ago

Core inflation flourishes in Rural India amid growing agrarian crisis

Live Mint  

When income is stagnant, a logical outcome could be curtailing expenditure. But rural India seems to be fine with paying higher prices for services that range from education to matinee shows. The chart above shows inflation for services and a few discretionary items has been higher in rural areas compared to urban centres. It is also clear that farm income …

Industry must step in to make farming lucrative, pull India out of debt and depression, writes Sadhguru – Firstpost
6 years, 5 months ago

Industry must step in to make farming lucrative, pull India out of debt and depression, writes Sadhguru – Firstpost

Firstpost  

In the past, agriculture was not just a commercial operation. A massive health crisis Another thing that has changed in rural India is people’s health. Mental ailments were once rare in rural India, but they are rapidly becoming common, mainly because earlier when someone faced a problem, they were never alone. Bringing farmers together If we have to transform rural …

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