Section

Rural spending getting captured in urban consumption; women SHGs helping boost incomes: SBI Research

By Economic Times - 8 months ago
According to SBI Research, improvements in physical infrastructure and connectivity have led to a shift in rural demand and supply patterns, with rural spending being captured in urban areas. The phenomenal growth in the income of self-help groups and increased banking linkages are contributing factors, with rural female labour force participation rising due to the support provided by self-help groups.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.