In the financial year 2017-18 when tractor sales touched new heights, it was said by many of the NDA (viz. National Democratic Alliance) government supporters that rural demand has revived on account of adequate monsoon rainfall and higher minimum support prices for crops. Many economists and newspaper columnists also denied the existence of any rural distress. An alternative perspective, however, was also presented by rural economists like Dr. Himanshu who teaches...

-Hindustan Times Unfortunately, there is no high frequency income or consumption data for the Indian economy. What we do have is monthly data for rural wages, which is available until June 2019. On Wednesday, media reports said that India’s leading biscuit-maker Parle Products Private Limited could cut up to 10,000 jobs as “slowing economic Growth and falling demand in the rural heartland could cause production cuts”. The company’s flagship brand Parle-G...

-Moneycontrol.com The Rs 35,000 crore biscuit industry has several players, the top most being the Britannia and Parle, which accounts for 70 percent of the industry’s volume and revenues. Subdued rural Growth has begun to show up in the cookies category of eatables, especially your tea-table humble biscuit plates. Reports have emerged that the staple biscuits category like Parle-G has slowed down in rural demand, although similar pains are not visible in...

-IANS While there is a consensus that the economy is slowing down, the debate is still going on whether the slowdown is structural or cyclical. The Indian economy is passing through a phase of economic slowdown, with the GDP Growth registering one of the lowest rates of 5.8 per cent in the last quarter of FY19. The GDP Growth rate for the first quarter of FY20 is feared to be lower than...

-Business Standard Aiming for unachievable Growth rates would compound past errors. The economy has to lower its sights, and do some hard thinking about how to come out of the present hole, writes T N Ninan There is a general sense that the economic Growth problem came upon us suddenly in the last few months. In some ways, it did — for example, through the continuing fallout of the collapse 11 months...