TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Delhi High Court

    Delhi High Court Affirms Dismissal of Christian Army Officer for Refusing to Join Weekly Regimental Religious Parades

    INDIA : A New Kind of Superpower

    INDIA : A New Kind of Superpower

    Lokayukta Raids Properties of Karnataka Government Officials Across 7 Districts in Disproportionate Assets Probe

    Lokayukta Raids Properties of Karnataka Government Officials Across 7 Districts in Disproportionate Assets Probe

    PM Narendra Modi with Armed Forces Personnel after 'Operation Sindoor',

    How Modi’s ‘Delegation Strategy’ Turned into Foreign Policy and Domestic Political Win

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Global economic outlook worsens but India seen as growth driver: WEF report

    Global economic outlook worsens but India seen as growth driver: WEF report

    Benefits of Using a Bajaj Finserv Insta EMI Card for Shopping

    Benefits of Using a Bajaj Finserv Insta EMI Card for Shopping

    Understanding the differences between BTC season and altcoin season

    Understanding the differences between BTC season and altcoin season

    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    New Delhi: Indian Army Brahmos Missile System during a rehearsal for Republic Day Parade, in New Delhi on Friday, January 20, 2023. (Photo: Anupam Gautam/IANS)

    India’s Defence Manufacturing Set to Reach ₹8.8 Lakh Crore by 2047: CII-KPMG Report

    Top Naxal Leader Hidma Nabbed in Odisha in Coordinated Security Sweep

    Top Naxal Leader Hidma Nabbed in Odisha in Coordinated Security Sweep

    Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    India’s Major Preparations After ‘Operation Sindoor’! Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Colombia Withdraws Statement Condoling Terrorists Killed in 'Operation Sindoor'

    Colombia Withdraws Statement Condoling Terrorists Killed in ‘Operation Sindoor’

    Elon Musk

    Elon Musk Steps Down from DOGE Role, Criticizes Trump’s ‘Big Beautiful Bill’

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    How to Decide Between Amity and Manipal for Your Online MBA Journey

    How to Decide Between Amity and Manipal for Your Online MBA Journey

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    The Complete Guide to Education Loan Interest Rates in 2025

    The Complete Guide to Education Loan Interest Rates in 2025

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Cricket – More Than Just a Bat and Ball

    Cricket – More Than Just a Bat and Ball

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Delhi High Court

    Delhi High Court Affirms Dismissal of Christian Army Officer for Refusing to Join Weekly Regimental Religious Parades

    INDIA : A New Kind of Superpower

    INDIA : A New Kind of Superpower

    Lokayukta Raids Properties of Karnataka Government Officials Across 7 Districts in Disproportionate Assets Probe

    Lokayukta Raids Properties of Karnataka Government Officials Across 7 Districts in Disproportionate Assets Probe

    PM Narendra Modi with Armed Forces Personnel after 'Operation Sindoor',

    How Modi’s ‘Delegation Strategy’ Turned into Foreign Policy and Domestic Political Win

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Global economic outlook worsens but India seen as growth driver: WEF report

    Global economic outlook worsens but India seen as growth driver: WEF report

    Benefits of Using a Bajaj Finserv Insta EMI Card for Shopping

    Benefits of Using a Bajaj Finserv Insta EMI Card for Shopping

    Understanding the differences between BTC season and altcoin season

    Understanding the differences between BTC season and altcoin season

    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    Best ₹1 Crore Term Plans with Return of Premium: Benefits vs Cost

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    New Delhi: Indian Army Brahmos Missile System during a rehearsal for Republic Day Parade, in New Delhi on Friday, January 20, 2023. (Photo: Anupam Gautam/IANS)

    India’s Defence Manufacturing Set to Reach ₹8.8 Lakh Crore by 2047: CII-KPMG Report

    Top Naxal Leader Hidma Nabbed in Odisha in Coordinated Security Sweep

    Top Naxal Leader Hidma Nabbed in Odisha in Coordinated Security Sweep

    Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    India’s Major Preparations After ‘Operation Sindoor’! Mock Drills to Be Held Tomorrow in States Bordering Pakistan

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Colombia Withdraws Statement Condoling Terrorists Killed in 'Operation Sindoor'

    Colombia Withdraws Statement Condoling Terrorists Killed in ‘Operation Sindoor’

    Elon Musk

    Elon Musk Steps Down from DOGE Role, Criticizes Trump’s ‘Big Beautiful Bill’

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Bangladesh Supreme Court Frees Jamaat Leader Azharul Islam Behind 1971 Bangladeshi Hindu Genocide

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    Pakistan’s Nuclear Ambition: A Costly Shield Fueling Economic Woes

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    How to Decide Between Amity and Manipal for Your Online MBA Journey

    How to Decide Between Amity and Manipal for Your Online MBA Journey

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Mughals, Delhi Sultans Out, Fresh Chapters on Indian Rulers, Mahakumbh Introduced: NCERT revises Class 7 books

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    Role of Consultants to Study in Ireland: How to Choose the Right One?

    The Complete Guide to Education Loan Interest Rates in 2025

    The Complete Guide to Education Loan Interest Rates in 2025

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Cricket – More Than Just a Bat and Ball

    Cricket – More Than Just a Bat and Ball

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Lazer247 India – Best Online Sports Betting and Casino Platform

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    Adjustable Folding Adirondack Chair With Cup Holder – Customizable Support For Ultimate Relaxation

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    1win कैसीनो गेम्स: जब दांव से पहले रिवाज़ बन जाते हैं आदत और खेल का हिस्सा

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Rural economy in good shape under the Modi government

Amit Agrahari by Amit Agrahari
30 August 2018
in Economy
BJP PDP, rural economy, government

PC: indianexpress.com

Share on FacebookShare on X

The rural part of the country has long suffered a slow economic growth. The reasons were various including droughts and floods, negligence from government, sheer dependence on agriculture. After droughts in 2014,2015 and government’s cut in rural spending, the rural economy has practically collapsed. Agriculture- the life support of rural economy has posed negative growth in initial years of the Modi government. But the last few years have been good for the rural parts of the country. Monsoon has been good in 2016, 2017 and this year as well. The government spending on agriculture and rural economy increased substantially in this year’s budget.

Read more:-

RelatedPosts

Income Tax Calculator: Explaing Modi govt’s major tax relief for Middle Class

As ‘One Nation, One Election’ Bill reportedly gets Cabinet nod, here is how Electoral Reset would Revolutionize Indian Democracy

As Trump Bets on DOGE, Here’s How Modi Transformed Governance in 10 Years

Load More

The demand for two-wheelers and passenger cars have been higher in rural parts of the country compared to urban India. Data from the Society of Indian Automobile Manufacturers (SIAM) suggests that purchase of automobile in northern and eastern parts of the country outpaced the purchase in southern and western India. Given that south and western India is highly urbanized compared to northern and eastern India, we can conclude that purchasing power of rural India has increased in last the two years. According to Antique Stock Broking Ltd, “The share of eastern and northern regions has increased by 570 basis points for two-wheelers and 280 basis points for passenger vehicles, since fiscal year 2017.” The prediction from SIAM data could be reliable because it is only consumer sector which has strong data collection mechanism and till now many government and non-governmental organizations use SIAM data to analyze overall consumer activity.

A more detailed analysis by Antique Stock Broking Ltd revealed that Uttar Pradesh, Bihar, Madhya Pradesh, West Bengal and Odisha has shown northward trend in vehicle sales while Karnataka, Tamil Nadu and Maharashtra moved southwards. Growth in two wheeler sales in northern and eastern region of the country zoomed by 680 basis points. The demand for vehicles in rural India is not limited to two wheelers, its share in passenger vehicles increased too. This is an indication towards rising disposable income in rural parts of the country. According to Antique Stock Broking, the regional difference in growth rates is “due to monsoon divergence, state-level developmental infrastructure push, growth moderation in highly urbanized states and improved organized finance penetration.”

The RBI annual report released on 29th August revealed that household savings is highest in the last seven years. In the post-demonetization period withdrawal of bank deposits has been among highest in last fiscal year. The increased government spending on rural infrastructure coupled with good monsoon is primary contributing factor in rise of rural demand. During demonetization many industrialists and rich people paid advance salaries to workers which increased disposable income of people. JAN DHAN accounts made sure that almost everyone in the country has a bank account, so many poor families deposited money of rich people in bank accounts of their family members on commission basis. So, these poor families earned lakhs of rupees due to demonetization which led to increased spending in rural areas in post-demonetization period. The rural demand suggests that the rural economy is in good shape and this is good news for the Modi government which will seek re-elections in less than a year.

Tags: Modi governmentRural development
Share4TweetSend
Previous Post

Left-liberal lobby’s vicious hate campaign against Vivek Agnihotri on his crusade against Urban Naxals

Next Post

Rahul Gandhi to undertake Kailash Mansarovar yatra soon

Related Posts

Global economic outlook worsens but India seen as growth driver: WEF report
Economy

Global economic outlook worsens but India seen as growth driver: WEF report

29 May 2025

The global economic outlook has worsened since the start of the year, as rising economic nationalism and tariff volatility...

Benefits of Using a Bajaj Finserv Insta EMI Card for Shopping
Finance

Benefits of Using a Bajaj Finserv Insta EMI Card for Shopping

28 May 2025

Flexible financing has changed the way people shop in India. From large electronics to everyday essentials, more consumers now...

Understanding the differences between BTC season and altcoin season
Finance

Understanding the differences between BTC season and altcoin season

28 May 2025

The power shift between Bitcoin and altcoins (any other coins other than Bitcoin) has deepened in the past years,...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Pakistan needs money from IMF to feed their people

Pakistan needs money from IMF to feed their people

00:15:20

Vacate PoK and more: Steps Pakistan needs to take to avoid Indian military action

00:06:36

Taking The Wire’s Propaganda Piece on VP to the Cleaners – Feat. Prof. Kapil Kumar

00:09:19

Rahul Gandhi Undermines India’s Electoral Integrity as Trump Applauds It

00:07:09

Why Pakistan army chief reminds two nation theory| what is the plan| Waqf Bill |Asim Munir| Jinnah

00:13:02
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited