As the COVID-19 pandemic brutalizes the country’s economy and paralyzes its urban growth centers, a faint glimmer of light arises from rural India. Time and again, the rural economy has boosted the development of the country; and currently, a steady increase in rural demand is providing economic relief and space to recover. In June, Madhya Pradesh and Chhattisgarh saw an impressive GST growth of 24% and 22% respectively, while the Fertilizer industry is currently seeing a growth of 7.50% and tractors are seeing double-digit growth.
However, the reverse migration of around 30 million workers will create excess pressure on the agriculture and rural economy, which might result in a significant number of people falling into abject poverty. The development has traditionally been restricted to certain cities, leading to more depopulation from rural areas. The phenomenon of reverse migration can have both short-term and long-term effects on the Indian rural economy.
This webinar aims to sensitize and raise awareness about the depopulation of rural areas while sharing perspectives on the need for entrepreneurship spearheaded by socio-political change. It will also discuss ways in which the government can facilitate a transformation of the rural economy.
Our Speakers are: