4 reasons why it's time for you to invest in India's heartland
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If you, as an investor, want to capitalize on the India growth story, you cannot ignore rural India. As the urban-rural consumption gap narrows, rural India is a strong driver in propelling the country’s growth. 1) The government will focus its efforts in this direction The Economic Survey 2022-23 noted that 65 per cent of the country’s population lives in the rural areas and 47 per cent of the population is dependent on agriculture for livelihood. Thus, the thrust of the government on rural development is obvious and imperative. Inaugurating Grameen Bharat Mahotsav 2025 at Bharat Mandapam in New Delhi earlier this month, Prime Minister Narendra Modi said that the more prosperous our villages become, the greater will be their role in realizing the resolve of a developed India. The rural economy contributes to nearly half of India’s GDP. So for India to move forward, this population must be empowered. The government’s focus on improving th...