Rural economy News

Budget 2025: FM Nirmala Sitharaman also announced the government's plan to set up a urea plant with a 12.7 lakh tonne capacity in Assam. Further, the finance minister announced the enhancement of investment and turnover limit. 

PM Narendra Modi stresses cow’s importance to rural economy in Mathura.

The farm sector is the spine of the Indian economy that provides employment to half of the total workforce in India and contributes a major chunk to the country's GDP.

Modi also emphasised that the 'cooperative spirit' should be kept alive and strengthened.

India launched its first electronic trading portal Thursday to allow farmers to sell their goods across the country, in move aimed at improving livelihoods of struggling growers and boosting the rural economy.  

Prime Minister Narendra Modi on Thursday underlined the need to strengthen rural economy to boost the country's development as he launched a village self governance campaign here which, he said, has been inspired by Dr B R Ambedkar's vision.

Forecast of good monsoon would be a great mood changer for the industry, as revival of rural demand leads to a turn in the investment cycle.

Finance Minister Arun Jaitley presented India's national budget for 2016-17 in the Lok Sabha on Monday, saying the country was a bright spot of the global economy today, while outlining his nine focus areas in which rural development took the top slot.

India`s farm economy could contract this fiscal year for the first time in over a decade because of drought, threatening Prime Minister Narendra Modi`s drive to lift millions in the countryside out of poverty and bolster his party`s support.