Rural Economy News
Demand for work under rural jobs scheme rising amid slowing economic growth
According to data from the rural development ministry, the number of people demanding work under the scheme stood at 26.56 million in February, 27.11 million in January, 25.77 million in December, 21.56 million in November, 19.89 million in October and 18.93 million in September.
4 min read17 Mar 2025Plug data gaps: State-level statistical surveys could help
Surveys conducted by Indian states can help fill a vacuum of statistics left by central agencies that display a tendency to delay or withdraw vital data-sets. Ultimately, though, we need all-India numbers.
4 min read20 Feb 2025Selling agricultural land remains tax-free. But there is a catch
Selling land? Location is everything. A few kilometres could push your property into taxable territory, making the difference between a full exemption and a significant tax bill.
3 min read6 Feb 2025Rural consumption outpaces urban: How FMCG giants are changing their strategies
Rural markets in India are witnessing an impressive 7% increase in distribution of packaged products, defying urban trends. FMCG giants like Zydus Wellness and Godrej are ramping up their efforts to cater to this burgeoning demand by introducing smaller, affordable product sizes.
3 min read24 Dec 2024Mint Explainer: How sustainable is India’s rural consumption boom?
Strong monsoon, cash transfers, and rising women’s workforce participation are driving rural demand. However, inflation and cautious lending still pose risks to sustained growth.
4 min read19 Nov 2024Union Budget 2024 likely to focus more on boosting consumption, says Nuvama; lists potential key beneficiary sectors
The upcoming FY25 budget is expected to focus on rural upliftment and social welfare, with a potential 10% increase in revenue spending if extra dividends (RBI) are allocated to urban and rural areas.
3 min read16 Jul 2024Two-wheelers kick into high gear
After many months, all the listed two-wheeler companies clocked growth both year-on-year as well as sequentially in their wholesale volumes in May aided by wedding demand.
2 min read4 Jun 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared