Rural Development

Private Final Consumption Expenditure (PFCE), a key driver of domestic demand, is projected to grow by 7.3 per cent in 2024-25, a sharp increase from the 4.0 per cent growth recorded in 2023-24.

The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) includes water conservation and water harvesting structures, enhancing rural water security.

The Punjab government, under an agreement with the World Bank, refrained from procuring wheat, leaving growers at the mercy of market forces.

Though the government is set to announce that the project represents innovative infrastructure driving regional transformation and a beacon of hope for the people of Bundelkhand, many environmentalists strongly oppose the project due to its environmental impact.

The panel discussion underscored the critical importance of accurately measuring poverty in India, not just as an academic exercise but as a foundational step toward addressing systemic inequities.

By fostering innovation, collaboration, and market expansion, the national-level multi-state cooperative societies and NUCFDC aim to drive economic growth, empower farmers and cooperatives, and establish India as a global leader in cooperative products and services.

Thakur emphasised that YES-TECH has already been successfully implemented in 10 states, with claim payouts for Kharif 2023 completed across seven of them.

The announcement came through a press release, with BPA President Md Sumon Howlader accusing the government of favoring large corporations over marginal farmers.