Publisher - Modern Rural India

A $12 phone is opening doors for rural India to get on the internet KEY POINTS The telecommunications arm of Indian conglomerate Reliance Industries, has launched a $12 internet-enabled phone. Reliance Jio’s new feature…

Shah Asks NABARD To Fix Financing Targets For Rural Sector For Next 25 Years Shah said NABARD, which is engaged in finance and refinance development activities in rural India, should fix its targets keeping in view its past performance and…

India seeks to relax data storage rules in boost for business Bill set to make data flows easier for local, global companies New Delhi: India plans to further relax its approach to data storage, processing and transfer beyond its…

13.5 cr Indian escaped poverty in five years: Niti Aayog The report says that the country registered a significant decline of 9.89 percentage points in the number of India's multidimensionally poor from 24.85% in 2015-16 to 14.96% in…

MGNREGS demand hits a 23-month high in June: Report Demand for work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) reached a 23-month high in June, with 33.72 million households seeking to opt for the scheme.…

EaseMyTrip’s Prashant Pitti to launch co-lending platform Optimo for loans to rural MSMEs Credit and finance for MSMEs: This will be the third startup by Prashant Pitti after he co-founded EaseMyTrip in 2008 and dating app Profoundly in…

Weak rural labour market pushes India's unemployment rate above 8% The unemployment rate jumped to 8.45% in June from 7.68% in the previous month, according to the Centre for Monitoring Indian Economy Pvt. While unemployment in urban areas…

Rural India Building ‘Super Rich’ Class Faster Than Urban: Report Super rich households will well further to 9.1 million by 2031, aided by the faster growth in rural areas India will soon see an increase of five-fold in its ‘super-rich’…

Innovation in rural economy Gauthan, a novel concept developed by the Chhattisgarh govt, is scripting a new success story in the state. While driving in village habitations in Chhattisgarh, one cannot miss the sights of cattle sheds, or…

Bright spot: Rural consumption to pick up on wage rise and lower inflation, say economists Synopsis Economists said high-frequency data also points at a revival of rural consumption. However, experts cautioned that monsoon could play a…