There is absolutely no doubt that the 10 years of Modi rule have completely transformed rural India like never before. Again we have competing statistics on this, with the government backed PLFS noting that rural unemployment is actually the lowest in 5 years and even better than urban unemployment. CMIE on the other hand, while acknowledging that rural unemployment has fallen considerably, claims that “real wages” haven’t changed in 10 years. Urban India turned circumscept on its future while rural India seemed to repose greater faith in the coming times, because of a healthy increase in optimistic rural households”. The Indian household spending has more than doubled in the last 10 years, with rural India leading the change.

Source: Indian Express June 01, 2024 04:44 UTC