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LATEST NEWS UPDATES | Why are FMCG majors chasing growth in rural India?

LATEST NEWS UPDATES

Why are FMCG majors chasing growth in rural India?


February 28, 2021

-Livemint.com * Demand in rural markets has outstripped sales growth in urban markets over the last several quarters. * Companies are betting on consumers in rural India switching from unbranded, loose products to branded ones. Top FMCG makers are back to chasing growth in India's villages and are...

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NITI Aayog recommends curtailing coverage under food security law to save on subsidies: Report
February 28, 2021

-Scroll.in The think tank has reportedly suggested cutting down coverage in rural areas from 75% of population to 60% and from 50% to 40% in urban areas. Government think tank NITI Aayog has recommended lowering the coverage of both rural and urban population under the National Food...

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To cut subsidy bill, Niti paper says lower coverage of food security law -Harikishan Sharma
February 28, 2021

-The Indian Express Based on the rural and urban coverage ratio, the erstwhile Planning Commission had determined the state-wise coverage ratio using the National Sample Survey Household Consumption Expenditure coverage under food security law Survey data for 2011-12. NITI AAYOG, the government think tank, has recommended reducing...

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1,200 faculty in rural engineering colleges will lose jobs by month-end -Priscilla Jebaraj
February 28, 2021

-The Hindu “What is government talking about NEP when it cannot sustain gains of an existing project?” A World Bank funded project to take graduates from elite institutions to rural and remote engineering colleges in poorer States is coming to an end in March, leaving more than...

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Declining Wages, No Government Aid: Daily Wage Workers Are Stuck in a Deep Crisis -Deepanshu Mohan, Jignesh Mistry, Advaita Singh, Snehal Sreedhar, Sunanda Mishra, Shivani Agarwal, Vanshika Mittal and Ada Nagar
February 28, 2021

-TheWire.in A survey of mazdoor mandis in Surat, Lucknow and Pune shows that even many months after the lockdown ended, workers are struggling to make ends meet. “Since the time of COVID-19 lockdown, there has been a severe crisis of employment opportunities in local labour markets. Getting...

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