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'A humble Indian has achieved the highest office'

I had the honour of meeting Dr Manmohan Singh when HDFC Bank was inaugurated in Mumbai on February 17, 1995. Considering he was the architect of the financial reforms, it was an appropriate......

Covid-19 crisis: Revival in rural demand overstated, say economists

Much of the rural recovery story is based on the premise of agriculture doing well. Even if it clocks a growth of 2.5-3 per cent this year, it is still just around 15 per cent of the overall GDP.......

Budget 2020 has failed to live up to expectation

The immediate need is to put more money in the hands of agriculture-based and rural households to improve their purchasing power, says S Mahendra Dev. The Indian economy has been slowing down in......

Fundamentals of Indian economy strong, has capacity to bounce back: Modi

At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to......

Why govt fund and monsoon failed to lift rural economy

Although demonetisation and improper implementation of GST along with falling prices are being blamed for much of the distress in rural India for some time, experts believe those may not be the......

The vision is missing, Nirmala-ji!

Nirmala Sitharaman’s maiden Budget has not disappointed but vision and details, particularly for the revival of agriculture, are missing, says Mahendra Dev. Photograph: Ajay Verma / Reuters......
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Revival in rural demand overstated, say economists

Much of the rural recovery story is based on the premise of agriculture doing well. Even if it clocks a growth of 2.5-3 per cent this year, it is... ...

http://www.rediff.com/money/report/covid-19-crisis-revival-in-rural-demand-overstated-say-economists/20200803.htm

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