Experts say string focus on Bharat stems from good monsoons, higher MSP in some states, reverse migration and govt's overall welfare push in the villages
An additional outlay of Rs 10,000 crore will be provided for PM Garib Kalyan Rozgar Yojana
Rural economy won't be able to support excess workers forever
The company remains cautious on full-fledged recovery, given concerns over a second wave of Covid-19
The 270 bps likely incremental growth in agricultural GVA to 17.3% of the economy this year and the resultant spike in rural demand may not compensate for the plunge in urban demand, warns a report
Rural sales at present are around 23 per cent of overall sales, which is nearly the same as in pre-Covid times
Buyers have been lapping up new model launches, show booking and sales trends
Industry remains optimistic for festival months as the supply side has improved significantly compared to last month.
The non-farm sector occupies a large part of rural income, and unless it grows substantially, just expecting farm growth to bring about rural sector revival is unreasonable, say experts
A good kharif sowing season coupled with adequate monsoon rains has raised hopes that the rural economy would prop up consumer spending and incomes
Committee believes the government has not maintained datasets to estimate the number of migrant workers in country
Rural demand can contribute towards recovery in the economy but cannot be a substitute for urban demand, according to a report
The year-on-year expansion partly reflected a low base so it's hard to say the recession is over
It is a misconception that all of rural India is doing well amid the outbreak of Covid-19, said Pronab Sen
Six experts agree on interdependability of the village and urban economies, some feel that the current rural exuberance is just a blip
Shah said many unprecedented steps have been taken to double the income of farmers and for the development of the agriculture sector
Rural rebound and its role in reviving the economy are overstated
Advising people not to get too perturbed with the forecasts of negative growth, he said the economy will recover for sure assuming that there are no further lengthy and complete lockdowns in future
A recent note brought out by Credit Suisse says that net gain from the government support measures may be just Rs 7,500 crore a month
It is not all gloom and doom. The rural economy has held up quite well and we should start appreciating it even more, says Sharma in an interview with Puneet Wadhwa