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    <title>Better prospects of consumption in Indian rural economy</title>
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    <description>Agricultural GVA grew 3.6% in 2020-21 and foodgrain production is estimated at a record 305.44 million tonnes, with tractor sales and favourable monsoon/sowing trends supporting rural demand. The Government has raised Minimum Support Prices to ensure remunerative returns and conducted large procurements of rice and wheat benefiting millions of farmers. A package of fiscal and sectoral measures-including direct transfers, enhanced agricultural credit, concessional Kisan Credit Cards, insurance payments, fertilizer subsidies, liquidity and infrastructure funds, rural employment programmes, and schemes for fisheries and animal husbandry-aim to strengthen farm incomes and rural consumption.</description>
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    <pubDate>Mon, 26 Jul 2021 17:24:23 +0530</pubDate>
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