New Delhi, Dec. 12 -- India's rural economy is witnessing a broad-based revival marked by rising incomes, stronger consumption, and improved financial behaviour, according to the latest findings from NABARD's Rural Economic Conditions and Sentiments Survey (RECSS).
The eighth round of the bi-monthly survey, conducted since September 2024, presents the most comprehensive picture yet of rural households' sentiment and economic well-being over the past year.
The data reveals strengthening rural fundamentals, supported by welfare schemes, public investments, moderating inflation, and robust demand.
The survey highlights a significant consumption boom driven by rising real purchasing power.
"80 percent of rural households reported higher con...