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December 2022

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Rural India Food Plate

In 2021, India’s rural population crossed 900 million, which makes it larger than the entire population of Europe. India is projected to remain predominantly rural till 2050. Moreover, the rural economy constitutes 46 % of the national income and 70% workforce. The pandemic has brought to the fore fissures, particularly in rural and rural-urban transition zones. These come on the back of profound changes experienced by India’s rural economy in the last two decades. As per the 1991 Census, 48.4% of the main workers in rural India were cultivators and 31.6% were agricultural labourers. By 2011, the census estimates that there are 40.3% cultivators and 32.9% agricultural labourers. This not only points to a significant shift in the agrarian base of our country but also hints at the fact that the shift has primarily gone to the secondary and tertiary sectors of the rural economy and not to wage labour. About two-thirds of rural income is now being generated in non-agricultural activities, and more than half of the value added in the manufacturing sector is being contributed by rural areas, but unfortunately, all without any significant employment gains.

Reports

Consumer Sentiment Report

In partnership with FICCI, DIU and Sambodhi Panels are launching the first round of their longitudinal consumer sentiment survey. Consumer sentiment is a statistical measurement of the overall health of the economy as determined by consumer opinion. It takes into account people’s feelings toward their current financial health, the health of the economy in the short term, and the prospects for longer-term economic growth, and is widely considered to be a useful economic indicator.

Reports

Digital & Financial Inclusion Barometer

Sambodhi and pinBox have collaborated to produce a time-series data set on digital and financial inclusion. The Barometer will cover quarterly surveys on occupation, age, and gender representative all-India panel to track changes in digital and financial outlook and behaviour over time. With this longitudinal data, the aim is to also develop indices that will map such changes over time. The first of this series links digital inclusion with retirement outlook and confidence among urban and rural households in India.

Reports

Insights into Rural Entrepreneurship

In 2021, India’s rural population crossed 900 million, which makes it larger than the entire population of Europe. India is projected to remain predominantly rural till 2050. Moreover, the rural economy constitutes 46 % of the national income and 70% workforce. The pandemic has brought to the fore fissures, particularly in rural and rural-urban transition zones. These come on the back of profound changes experienced by India’s rural economy in the last two decades. As per the 1991 Census, 48.4% of the main workers in rural India were cultivators and 31.6% were agricultural labourers. By 2011, the census estimates that there are 40.3% cultivators and 32.9% agricultural labourers. This not only points to a significant shift in the agrarian base of our country but also hints at the fact that the shift has primarily gone to the secondary and tertiary sectors of the rural economy and not to wage labour. About two-thirds of rural income is now being generated in non-agricultural activities, and more than half of the value added in the manufacturing sector is being contributed by rural areas, but unfortunately, all without any significant employment gains.

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