Rural Economy

UPI continued its double-digit growth with more than Rs 25 lakh crore worth of transactions for the first time, and volumes approaching 19 billion.

Pitch Report: Agri sector wants subsidies, rise in cash transfers and better infra from Budget 2025

Analysts expect a higher spending on rural economy, given the reduced majority the NDA government got in the 2024 elections

Slowdown in Q1 GDP due to elections, fall in govt capex: CEA Nageswaran

The GDP growth fell to a five quarter low of 6.7 percent in the first quarter of FY25 compared with 7.8 percent in the previous quarter.

India's top private lenders see farm loan defaults rising amid weak rural economy

The largest five private banks have reported greater bad loan additions in the June quarter, mostly driven by rising dues in agriculture and microfinance loans, which are popular in rural areas.

Industry expects govt to focus on rural economy, agri-infra in Union Budget

The government has a capital expenditure target of Rs 11.1 lakh crore in the Interim Budget Estimate (IBE), said Ashish Modani, Icra's senior vice president and co-group head - corporate ratings.

Revival in rural economy still a quarter away; monsoon, inflation, budget to play key roles: Experts

Recovery contingent on monsoon, lower inflation and Budget

Need to enhance rural investment through public capex: CII President Sanjiv Puri

Puri says that India's GDP will grow by 8 percent in FY24-25 because of a better performance by the agriculture sector.

A healthier rural economy for Modi 3.0

A better monsoon, rural income picking up, and faster growth in private consumption could signal a recovery in the rural economy and augur well for the prospects of the new government, which will take charge in the coming days.

Union Budget may announce support for rural economy: Experts

Between the two routes of consumption or investment, it is the investment route which is more relevant for India at the moment.

MC Explains | Why El Nino won’t derail India growth story

Fears of the weather phenomenon hurting the rural economy may be overdone, economists say

With slightly sub-normal rain, impact on rural economy may not be severe this monsoon: Economists

If any signs of deficiency develop then India will have to import rice and be proactive to neutralise food inflation.

El Niño disruption to food prices may affect inflation control: Fitch Ratings

"Certainly, if we see disruptions and upward pressure from food prices, that could add to some challenges on the inflation front. Rural economy is quite a volatile part of the economic story and quite dependent on the monsoons."

Budget 2023: What will the govt do to revive rural economy? | NBFC expectations

'The unemployment data waves up & down; and the data should be taken with a pinch of salt'. Karthik Srinivasan, Group Head Financial Sector & Aditi Nair CPO from ICRA join Moneycontrol in an exclusive conversation. What are their expectations from the budget, & what can the banks, common people & companies expect from the budget announcement in 2023? Watch this interview to know more.

Budget 2023: Rural economy, social welfare key thrust areas, says DBS Bank's Radhika Rao

Budget 2023 Expectations: Rural infrastructure could emerge as a major theme in Budget 2023 along with increased spending on rural jobs guarantee scheme MGNREGA. A lower subsidy burden is likely to aid spending in these areas.

Budget 2023 | Market won’t be able to digest fiscal deficit target above 6%, says Morgan Stanley chief economist

Morgan Stanley expects fiscal deficit to be 5.9% of the GDP in FY24 against the estimated 6.4% for FY23, says Chief India Economist Upasana Chachra

Budget 2023: The worst for rural economy is definitely behind us, says Morgan Stanley Chief Economist

Proportion of farmers in overall labour force had gone up due to the pandemic-induced lockdowns. That is now back to pre-pandemic levels, Upasana Chachra of Morgan Stanley told Moneycontrol

Country's economy progresses when rural economy is strengthened: Yogi Adityanath

The chief minister was addressing a rural development exhibition organised by the Pandit Deendayal Upadhyaya Smriti Mahotsav Samiti in Mathura via video-conferencing from his official residence in Lucknow.

Erratic weather poses risk to farm inputs sector

Higher food prices may benefit farmers but they face a challenge on the crop output front, as uneven rainfall patterns pose a threat to kharif 2022 season

In five charts: Is agricultural sector under stress?

Wage growth is below average, fertiliser sales have fallen and rural consumption is showing weakness

Rural Demand: Optimism about revival but slight scepticism remains

Slowdown in rural demand from last two quarters was not led by poor income but conserving of cash due to 2nd COVID wave: Prabhudas Liladhar

SVAMITVA Yojna enhanced rural economy's strength, to be implemented at national level: PM Modi

Addressing virtually a function in Harda district of Madhya Pradesh, Modi said after the successful implementation of the SVAMITVA Yojna on a pilot basis in some states, it will be implemented at the national level for ensuring the development of rural areas.

The risks to investors from the second wave hitting the rural economy

Rural India was a saviour for many industries in the first wave, but the second one is not sparing it

Priority to increase village industry turnover to Rs 2 lakh crore in two years: Nitin Gadkari

Gadkari also informed that the government has sanctioned Rs 3 lakh crore for the MSMEs. The government will provide 15 percent of the equity to successful MSMEs and those with a good record of GST and income tax and bank turnover to facilitate them to go raise funds in the capital market.

Spending on rural welfare in FY20-21 up to August highest in last 5 years - Govt data

As per the government's data, total expenditure by the agriculture ministry more than doubled year-on-year in FY 21 till August. Government spending for the ministry till August this financial year stood at Rs 61,883 crore, against Rs 38,324 crore for the same period a year ago

Despite lockdown, Chhattisgarh's rural economy strong: Govt

Labourers have been taking all precautions against coronavirus by wearing face masks or covering their faces with scarves, maintaining physical distance and regularly washing their hands while working on the field, he said.