31st
May
2023
Insight
Majority of marginal farmers are in poverty and debt traps and engage themselves in non-farm economic activities and wage labour for sustenance. While two out of three cultivators are marginal farmers, their total operational landholding constitutes less than a quarter of total cultivable land.
31st
May
2023
Insight
Because consumer spending accounts for about 63.3% of the nominal GDP (Dec 2022) of India, this Index of Consumer Sentiment can be regarded as one of many important economic indicators followed by businesses, policymakers, and participants in the investment community.
31st
May
2023
Insight
India’s rural population for 2021 was 909,384,77, i.e., 64.64% of India lives in rural areas. This is much more than the combined population of Europe and Australia. According to the NITI Aayog’s Multidimensional Poverty Index, the poverty ratio was as high as 32.75 per cent in rural areas in 2015-16.
31st
May
2023
Insight
The Michigan Consumer Sentiment Index was created in the 1940s by Professor George Katona at the University of Michigan’s Institute for Social Research. His efforts ultimately led to a national telephone survey conducted and published monthly by the university. The survey queries consumers on their views of their own personal finances, as well as the short-term and long-term state of the U.S. economy.
18th
December
2022
Insight
18th
December
2022
Insight
18th
December
2022
18th
December
2022
18th
December
2022
Insight
School education forms the backbone of India’s labour force. Eighty-six per cent of India’s labour force comprises those with education till Class 12 or below, which implies that a major portion of the workforce carries out their livelihood on the basis of the skills learnt from school.
18th
December
2022
Insight
In rural India visiting a government health facility when one needs to consult a health practitioner is not as ubiquitous as one would assume. A survey, carried out by the Development Intelligence Unit reveals that only in 57% of the cases has this been the preferred treatment seeking behaviour.