80 pc of rural households report higher consumption, 42.2 pc see income growth: NABARD

December 11, 2025 2:10 PM

80 pc of rural households report higher consumption, 42.2 pc see income growth: NABARD

About 80 per cent of rural households have consistently reported higher consumption over the last year a hallmark of rising prosperity, a NABARD survey showed on Thursday. About 67.3 per cent of monthly income is now spent on consumption, the highest share since the survey began, aided by GST rate rationalisation. This demonstrates strong, broad-based demand not sporadic or concentrated in specific segments, according to a statement from Finance Ministry. The eighth round of NABARD’s Rural E...

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

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-...