-The Hindu Business Line Rabi sowing down; sales of tractors and two-wheelers dip Mumbai: The demonetisation of high-value currency notes seems to have crushed the tender green shoots of economic recovery in Rural India by choking off life-sustaining money supply and impeding the wheels of commerce from spinning. From FMCG firms to two-wheelers to tractor makers, companies had been looking forward to an increase in rural demand in the wake of an adequate...

-Livemint.com Middle India is largely rural and uneducated, shows the ‘Household Survey on India’s Citizen Environment & Consumer Economy’ New Delhi: India’s richest quintile accounts for 45% of aggregate household disposable income while the poorest quintile earns barely 7% of the aggregate income pie, according to the latest data from a nationally representative survey conducted this year. The Household Survey on India’s Citizen Environment & Consumer Economy (ICE 360° survey), covering 61,000 households,...

-PTI NEW DELHI: To promote cashless transactions in rural areas, the Government will use MNREGA network to train and guide people, Union Minister Narendra Singh Tomar today said. "I will request our officials that following the Prime Minister's advice of promoting cashless transactions we should use our MNREGA network to train and guide people in the rural areas about cashless transaction," Tomar said here at an event to announce geo-tagging of over...

-The Times of India In the finely balanced but lucrative economy of vegetable and fruit trade, demonetisation has had a bizarre effect. In distant rural areas, local vegetable prices — both wholesale and retail — have crashed as the oxygen of currency has been suddenly sucked out. Since the whole economy depended on cash, from transport to mandis to purchase prices, this is unsurprising. But in cities, where there is more liquidity,...

-The Economic Times NEW DELHI: The 81 bureaucrats, who were dispatched by the Centre in teams of three to study the impact of demonetisation on the ground, have red-flagged loss of livelihood in rural areas, particularly in the non-formal sectors, and highlighted the negative impact on the farm sector in the sowing season. Officials told ET that these confidential reports were submitted last week and are now being examined for further action....