rising rural demand Archives - smallcase
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Thanks to government initiatives, increased disposable income, and infrastructural development, the rural landscape is transforming. Previously, a significant portion of rural expenditure was allocated to food, but now, more and more people are diversifying their spending on various goods.
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Markets ended the week in green as govt appointed independent panel claims that India is poised to get the virus under control by early next year.
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Even before the pandemic, growth of FMCG had been slowing down since mid-2018. Read the detailed analysis of the impact of COVID-19 on FMCG sector in India.
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Key economic indicators show troubling signs but markets are unstirred as they close the week in green
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The Government has amended the Mahatma Gandhi National Rural Employment Guarantee Act with the intention of providing wage employment to rural households
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RBI stepped up measures to infuse liquidity and spending in the economy by cutting benchmark interest rates while the markets ended the week in red