Mint Rural Distress Index

Mint Rural Distress Index:

The index provides equal weightage to fall in farm wage growth, which affects the purchasing power of agricultural labourers, and fall in tractor sales growth, a proxy for rural sentiment and demand.The index captures more than just a fall in agricultural production, which is only one aspect of the rural economy in India.

Three components of Mint rural distress index are:

  1. Growth of farm output
  2. Rural wages
  3. Tractor sales

 

The Mint rural distress index has been calculated by using year-on-year growth figures of agricultural GDP, real rural wages and tractor sales. The growth rates for each of the components have been normalized to a scale of 0-1 by using the following formula: Normalized value = (Maximum value – Value for reported quarter)/ (Maximum value – Minimum value).

The Mint Index value tend to 0 in on periods when growth figures are higher and vice-versa. A value of 1 would indicate the highest level of distress over a given period. The index is an average of the three normalized values. Therefore, lower the agricultural output growth, lower the growth in tractor sales, and lower the growth in real wages, higher will be the index value.

 

Read More Indian Economy Articles Here:

You may also like...

18 Responses

  1. If my background image was labeled for commercial reuse may i claim copyright on other content?

  2. What college-university has a good creative composing program or focus on English?

  3. I have a diet blog page i just started, i have about 3 posts, someone said i should begin promoting we now. I think i should wait around until i had developed at least 10 articles and opinions from some individuals in various forums before I promote it therefore maybe in 2 weeks. So what do you think?.

  4. I’m in high school and starting the coming year I will have to start looking in colleges. I am aware I want to find a college simply for creative composing. I love writing stories of sorts, and I know of a couple colleges that focus on creative writing. But where would you recommend? Remember, Now i’m talking about innovative writing, not really journalism. Any suggestions?.

  5. There are some fascinating deadlines in this article however I don’t know if I see all of them middle to heart. There is some validity but I’ll take maintain opinion till I look into it further. Good article , thanks and we wish more! Added to FeedBurner as properly

  6. How can I obtain a Filipino copyright pertaining to my literary articles and/or books?

  7. I am thinking about becoming a ‘ProBlogger”. I know Blogging is a very gradual business, but still i want to know how much time will it take me personally to start earning at least $100.. I could work everyday for approximately 11 hrs. Am i able to expect start earning hundred buck within two months.. Please folks help, produce some idea on how much hard work it will be..

  8. Where a few good places to get good free of charge blogger themes?

  9. Blogspot blog: How do I get rounded edges for my backgrounds?

  10. I’ve been searching high and low, and it seems that most liberal arts schools are populated by heavy drinkers and partiers, which I are not thinking about. If I may, I’d like to increase major in creative writing and journalism.. Thank you!.

  11. I want to know what may be the best completely free blog/web or search engine directory to get the blog site that can provide a lot of traffic to the blog site and encourage reading..

  12. harga h beam says:

    My site is on a remote machine, I have duplicated all the documents from their remote host machine. How do I right now configure MAMP to see this as a local copy of wordpress and so i can modify it and try out different themes.. Please help. We are tugging my curly hair out!.

  13. I need a computer program that will instantly start an additional program rather than let that program close for a work computer. Therefore basically, when the computer starts up, this program We are looking for will begin a work-related program and force this to stay open, so that the only use of that computer will be to use the function program. Thanks a lot!.

  14. I want to begin my own internet site. Are there any places I can try this for free with minimum marketing on them? Or all free of charge places possess heaps of advertising?.

  15. I understand nothing regarding blogging, The just that my pal tells me to use wordpress but I want to start my blog offline to save cash. So , am i able to use ez generator as an offline blogger while using the wordpress onto it?.

  16. magnificent issues altogether, you simply gained a emblem new reader. What would you recommend about your submit that you made some days ago? Any certain?

  17. Definitely believe that which you said. Your favorite justification seemed to be on the net the easiest thing to be aware of. I say to you, I definitely get irked while people consider worries that they plainly do not know about. You managed to hit the nail upon the top and defined out the whole thing without having side-effects , people could take a signal. Will probably be back to get more. Thanks

  18. What is blogspot when it comes to live streaming soccer?

Leave a Reply

Your email address will not be published. Required fields are marked *