The survey estimates that there are about 21 lakh rural households in India spread across nearly 6.4 lakh villages. This corresponds to total rural population of over 95 crore or an urbanization level of only about 30%. . As mentioned in part I, AH household have a better income level due to multiple sources of … Continue reading Understanding Rural Income Pattern.. (Part II)
The distressful condition of rural economy, often falling to vagaries of monsoon is nothing new to note. However, a consolation is that rural income has increased by nearly 40% over three years ending 2016. This is brought out by a report released by NABARD (National Bank For Agriculture & Rural Development) earlier this month. A look … Continue reading Understanding Rural Income Pattern.. (Part I)
Another important factor leading to NPA is changes in ground realities. While a project is conceived factoring in a particular scenario, it doesn’t materialize or changes drastically by the time the project is commissioned. One glaring example of this is huge investment in natural gas based power plants, specially closer to Andhra Pradesh coast. This … Continue reading Understanding Bank NPAs.. (Part II)
Bank’s NPA which remains at over Rs 10 lakh crore for the quarter ended June 18 continues to haunt the sector. The problem is even more severe for Public Sector Banks which account for over 80% of these NPAs. So, how bad is the problem and what are the core factors leading to this mess? … Continue reading Understanding Banks NPAs.. (Part I)
The recent depreciation of rupee against dollar seems to have disturbed the currency market and trade balance. However, is the depreciation really that huge and is it that bad. A look at the dynamics of the exchange rate and the factors impacting it… In a free market economy, markets are expected to auto-correct and if … Continue reading Indian Rupee – Has it really depreciated??