October 10, 2024 12:25 PM

Monthly income of rural households increased by 57.6% in five years: NABARD survey

A recent survey conducted by the National Bank for Agriculture and Rural Development (NABARD) reveals that the average monthly income of rural households rose by 57.6% over a five-year period. The second 'All India Rural Financial Inclusion Survey (NAFIS) 2021-22 found that the average monthly income grew by 57.6%, from Rs 8,059 in 2016-17 to Rs 12,698 in 2021-22. "Average monthly income of households increased by 57.6% during the five-year period from Rs 8,059 in 2016-17 to Rs 12,698 in 2021-...