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: Growth of farm output Rural wages TractorRead More