Sally Holkar left America and made India her home nearly 60 years ago. She went on a mission to revive a dying craft and changed the lives of rural weavers.
'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'
During Emergency Indira Gandhi acquired absolute power. Lakhs of political opponents, students, activists were arrested.
The Rural Development Ministry has been allocated Rs 1.88 lakh crore in the Union Budget for 2025-26, around 5.75 per cent more than the allocation in the previous budget.
'On the governmental level, we are saying all the right things, like beti bachao, beti padhao. Yet, a High Court judge in Prayagraj, who is highly educated, has studied the Constitution and its laws, says breaking the naada of a pyjama or touching the breasts of a minor girl is not part of the reform process. Just giving lip service is not enough, the general mindset has to change.'
Hero MotoCorp anticipates a big rebound in two-wheeler (2W) sales in rural India over the next four to eight quarters, driven by favourable factors such as a decent monsoon, rising crop prices, improved employment conditions, and increasing consumer confidence, its chief executive officer (CEO) Niranjan Gupta said on Wednesday. Amid tepid rural sales, he stated that there is a "strong case" for GST (goods and services tax) on entry-level two-wheelers, which are under 125 CC, to be moved down from 28 per cent to 18 per cent as they are used by "masses".
'Don't let anyone tell you that you can't do something just because it hasn't been done before. Take that first step. Keep learning. Believe in yourself even when no one else does.'
The time is ideal for a 'Dream Budget' akin to the 1991 reforms that sparked high growth and unlocked significant gains in productivity, points out Rajeswari Sengupta.
This year's Sundance Film Festival was rich with films and the theatres were warm, even as temperatures outside dipped to below freezing point. It snowed only once but the sidewalks remained slippery for a few days.
Even though the overall death rate of children under the age of one in India has decreased by 7 per cent, the number from rural India is disturbing.
'Do films today even have the courage to question the establishment?'
'We give them problems so that they can come up with solutions using the technological skills they have learnt.' 'In fact, changemaking and problem solving are interchangeable, in a way.'
Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.
This financial scheme is based on a virtual currency and is propagated by Russian businessman and financier Sergey Mavrodi.
Respect for India is increasing all over. One can experience the change, Modi said.
Internet might have changed the world in a big way, but about 84 per cent of people in rural India remain unaware of the phenomenon, as poor infrastructure has kept it from reaching the masses, says a report.
R V Rajan, chief managing director, Anugraha Madison, speaks on how rural India has changed over the last two decades.
Kiran Rao's Laapataa Ladies has been picked as India's official entry for Oscars 2025.
The paper says the rate of price rise in food items leads to lower income inequality in rural India.
FMCG and retail giants are making good use of technology to reach out to rural India.
'But when we actually express ourselves, sometimes our parents can surprise us, because they just love their children.' 'Sometimes it's just that simple. That is what I wanted to show in this film.'
The FMCG industry hopes for a revival in consumption growth in 2025 with some 'green shoots' already visible, after having a challenging year amid escalating input costs and a double-digit rise in food inflation, which ultimately slowed down the pace of the urban market growth in the second half of 2024. Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5 per cent or resort to shrinkflation by reducing pack sizes and grammage to retain attractive price points, fearing a volume loss.
They saluted 'the hands that weave timeless stories'.
HDFC Bank offers credit cards in areas with population of less than 10,000.
Empowering rural India is of utmost importance and the government needs to do so by provisioning for broadband penetration and financial inclusion.
E-kiosks for services like bill payment and job queries are mushrooming all over rural India. Many youths in rural India have taken up CSC projects to start their own businesses and are earning a decent income out of it. The work at CSC basically involves collecting and paying phone and electricity bills of the villagers. Additionally, they can provide add-on services like English course. Srei Infrastructure and Reliance Infocom will set up such centres in PPP in West Bengal.
The decision signifies the government's commitment to farmers' welfare following the ruling National Democratic Alliance's poll win, albeit with some setback, especially in parts of rural India.
The farm sector's contribution to Indian economy is just around 20 per cent and rural India is in a shambles.
The number of people averse to the surveys by the National Statistical Office (NSO) has more than doubled over the last five years between the 75th National Sample Survey (NSS) round (July 2017- June 2018) and the 79th NSS round (July 2022-June 2023), the Ministry of Statistics and Programme Implementation MoSPI) said on Friday in a conference organised to discuss the issue of 'non- responsiveness' to its sample surveys. The ministry said that nearly 6.9 per cent people in urban areas surveyed by the NSO for the 79th NSS round did not participate in the exercise, while the number of people in rural India that refused to participate in these surveys stood at 3.9 per cent.
During the UPA government's second term in office, rural India's consumption expenditure grew at a faster pace than urban India's - for the first time since 1991.
Since 2000, per capita GDP has grown faster in India's rural areas than in its urban centres. Rural incomes are growing, and consumers are buying discretionary goods and lifestyle products, including mobile phones, television sets and two-wheelers, says Sanjay Dawar, MD, Management Consulting, Accenture, India.
Since 2000, per capita GDP has grown faster in India's rural areas than in its urban centres. Rural incomes are growing, and consumers are buying discretionary goods and lifestyle products, including mobile phones, television sets and two-wheelers, says Sanjay Dawar, MD, Management Consulting, Accenture, India.
'IT is not just about export and dollars -- or about big cities like Delhi and Mumbai --but also about how it is improving villages," said a proud Sachin Pilot, Union minister of state for communication.
India's current economic growth would continue for at least 15-20 years and Rural India would be the new engine for a double digit growth, Chairman of the ICICI Bank Limited, K V Kamath said.
According to the latest report by Internet and Mobile Association of India, the number of people from rural regions accessing internet rose 73 per cent in the last two years.
Dhanatrayodashi is called Dhanteras and its twinkling lights set the mood of India's greatest and most popular festival -- Diwali, the festival of lights.
