Rural economy – Indice Rural http://indicerural.com/ Thu, 28 Oct 2021 10:18:35 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.1 https://indicerural.com/wp-content/uploads/2021/10/cropped-icon-32x32.png Rural economy – Indice Rural http://indicerural.com/ 32 32 Highlands and Scottish Isles (SHIREs) Rural Economy Conference Reveals Programming https://indicerural.com/highlands-and-scottish-isles-shires-rural-economy-conference-reveals-programming/ https://indicerural.com/highlands-and-scottish-isles-shires-rural-economy-conference-reveals-programming/#respond Sat, 23 Oct 2021 10:13:00 +0000 https://indicerural.com/highlands-and-scottish-isles-shires-rural-economy-conference-reveals-programming/

Scottish Rural Affairs Minister Mairi Gougeon will deliver the keynote address at the SHIREs conference.

A FANTASTIC lineup of speakers has been unveiled for the Second Highlands and Islands Rural Economy Conference (SHIRE) to be held virtually on November 18th.

The event will focus on building sustainable businesses and communities as the world moves towards a more sustainable future.

The SHIREs 2021 – whose theme is ‘Our Land, Our Lives, Our Legacy’ – is a focal point for the modern and diverse rural economy across the Highlands, Islands and Moray, and the virtual format will allow attendees more far from participating.

Scottish Rural Affairs Minister Mairi Gougeon will deliver the opening speech. She will be joined, virtually, by Mairi Spowage of the Fraser Institute of Allander, who will address the conference on what we are currently seeing in the rural economy, and what needs to happen next.

Other speakers will represent communities, landowners, leading economists, businesses and entrepreneurs, and the next generation of rural Scotland.

Organized by leading law firm Harper Macleod in association with Highland News & Media, it is free for anyone interested in learning more and being a part of the exciting developments unfolding in rural Scotland.

Partner and Head of Highlands, Islands and Moray at Harper Macleod, Chris Kerr, who will chair the conference alongside host Nicky Marr, said: Better event than before. As the head of a team of advisors working with brilliant organizations and businesses across the region, we know the big issues and opportunities they face.

“This year’s theme is linked to the genuine desire to build a greener economy after the pandemic, and with the event taking place less than a week after the close of COP26 in Glasgow, the importance of our natural capital in the fight against climate change will be paramount. “

Sustainability will be a key theme of the event, with Mat Roberts of Kerry Roberts Associates examining why sustainability is a key ingredient in all aspects of rural life. He will be followed by Jamie McGowan of Essence of Harris, who will examine how to develop a world famous brand from the islands while supporting the local community.

A fireside chat with Peter Graham and Sir Alastair Gordon-Cumming and William Gordon-Cumming from Altyre Estate will focus on estate management, regenerative agriculture and diversification.

Delegates will also be able to participate in one of three special small group sessions on: employee share ownership; community ownership; and jobs linked to our natural capital.

The event will end with a panel of young rural entrepreneurs discussing what needs to be done to ensure that rural communities and their businesses can attract young people. The SHIREs conference will take place online from 11 a.m. to 4:30 p.m. Participation is free and anyone wishing to attend must register for a place by visiting https://events.harpermacleod.co.uk/

You can also always enter one of the categories of the SHIREs Awards, which take place on the night of the conference. For more information and to participate, visit www.hnmedia.co.uk/the-shires-conference-awards/


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New research highlights impact of SNAP program benefits on rural economy https://indicerural.com/new-research-highlights-impact-of-snap-program-benefits-on-rural-economy/ https://indicerural.com/new-research-highlights-impact-of-snap-program-benefits-on-rural-economy/#respond Fri, 22 Oct 2021 14:28:03 +0000 https://indicerural.com/new-research-highlights-impact-of-snap-program-benefits-on-rural-economy/

Most of the 40 million and over Americans who receive SNAP benefits see their food assistance increase this month.

While most of these people live in cities, new research from the U.S. Department of Agriculture suggests SNAP spending has a bigger impact on rural America.

The recent boost to SNAP increased the average recipient’s benefit by 27% from pre-pandemic levels – the largest increase since the program’s inception. When low-income people receive SNAP benefits, it can change the way they spend their money.

“Definitely have a little more money for housing. Child care is a huge problem, ”said Cami Wells of the Nebraska SNAP-Ed program. She works in the center of the state, helping people register for help.

“You know, I can think of an example of a family we work with… having this SNAP just allowed them to really improve their rural diets for themselves and their children, and freed up money for others. things, “Wells said. .

Things like a more reliable car, which she says really opened doors for this family, “because the transportation is so huge. We do not have public transport.

In rural Nebraska, SNAP helps more than people who receive benefits, Wells added. The program can help keep a small town grocery store afloat and free up families’ budgets to spend more on other local businesses.

“In relative terms, SNAP has a greater impact on the rural economy than on the urban economy,” said USDA economist Katherine Ralston, who is co-author of new research on the impact of benefits of SNAP in the six years following the Great Recession.

She said this is because the food and agriculture sectors play a bigger role in rural economies.

“This is where food comes from, rural areas, so when urban households use their SNAP benefits, it supports jobs and outputs in agriculture and food processing sectors in the rural economy. “said Ralston.

Jonathan Hladik, of the Nonpartisan Center for Rural Affairs, said he hoped this new research would help build support for social safety net programs, like SNAP, in rural parts of the country.

“You know, there’s still such a stigma associated with spending on food, even if it’s not from lawmakers, it’s definitely from voters. So when people realize the effect it has on their community, I think it’s really valuable, ”he said.

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Premier, Real Estate News, ET RealEstate https://indicerural.com/premier-real-estate-news-et-realestate/ https://indicerural.com/premier-real-estate-news-et-realestate/#respond Thu, 07 Oct 2021 07:00:00 +0000 https://indicerural.com/premier-real-estate-news-et-realestate/ BHOPAL: The SVAMITVA Yojana, a program to establish clear ownership of property in rural areas, has strengthened the strength of the rural economy and it will write a new chapter in the development of the country’s villages, the prime minister said on Wednesday Narendra Modi.

Practically addressing a function in the Harda district of Madhya Pradesh where a survey for the program was carried out in 10 months, Modi said that after the successful implementation of SVAMITVA Yojana on a pilot basis in some states, it will be put implemented and extended at the national level to ensure the development of rural areas.

“It will become an example of Gram Swaraj in the country,” he said.

The Prime Minister also spoke with some of the beneficiaries of the program in the district of Harda.

He also wished Madhya Pradesh Minister of Agriculture Kamal Patel on his birthday.

Patel, in his capacity as Minister of State Revenue in 2008, implemented for the first time in the country a similar program in the district of Harda under the name of “Mukhya Mantri Gramin Awas Adhikar Pustika” to grant grants. land property rights to villagers so that they can qualify for a loan from banks on the basis of it.

The Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas (SVAMITVA) program was launched by the Prime Minister in April 2020 as a central sector program to promote a socio-economically self-sustaining rural India.

The program aims to establish clear ownership of property in rural areas by mapping plots of land using drone technology and providing a ‘bill of rights’ to eligible households by issuing them with legal ownership cards. .

“We have often heard that the soul of India resides in the villages,” Modi said. But, even decades after independence, the enormous potential of Indian villages has not been tapped, he said.

The Prime Minister said that this property card provision program was initially launched on a pilot basis in villages in Madhya Pradesh, Uttar Pradesh, Maharashtra, Uttarakhand, Rajasthan, Haryana, from Punjab and Karnataka.

So far, property cards for over 22 Lakh families have been prepared in these states, while in Madhya Pradesh they have been issued to over 1.70 Lakh families in over 3,000 villages.

“Now it is being deployed all over the country to provide property cards to people,” he said.

The prime minister said that the strength of the villagers lies in the land, but they cannot fully use it for their growth without the required documents.

“A lot of energy, time and money are wasted in land disputes and legal complications in villages … documenting property is a global problem and several countries are facing it,” he said. he declares.

It is very important to get the land and land registers of villages out of uncertainty and mistrust and SVAMITVA Yojana will become a huge force for the inhabitants of the villages, he said.

He also said that SVAMITVA Yojana will prevent villagers from borrowing money from third parties and now, based on their title deeds, they will get loans from banks to strengthen their financial strength to run businesses. , improve agricultural facilities and keep them away from the private sector. lenders.

Modi said the land documents would not only empower the villagers, but also ensure the availability of undisputed land for schools, hospitals, storage and food processing units in the villages.

While mentioning the use of the latest technologies in the mapping and survey of villages within the framework of this program, he cited an example of Manipur, where drones transported vaccines to hard-to-reach places, and the spraying of urea by drones in Gujarat.

He said the drone, which some call a “chhota helicopter” (small helicopter), will totally change the face of village development.

Villages are transforming using technology, as there are currently more internet users in rural areas than in urban areas, he said.

“Recently, there have been many political decisions made for farmers, patients and remote areas to get the most out of drone technology. A large number of modern drones are expected to be made in India itself, India is also expected to be Autonomous in this area. A production linked incentive program (PLI) for drones has also been announced for this, “he said.

Modi also said that so far the Mudra loan has benefited more than 70 lakh women-led self-help groups (SHGs) in the country.

While praising the villagers for saving the country from the COVID-19 pandemic with their provisions, Modi said the Center provided a free ration to 80 million people during this health crisis.

Recalling his tenure as chief minister of Gujarat, Modi said his first program after being sworn in 20 years ago was a social protection program for the poor.

He said that now, after 20 years (he was sworn in as CM of Gujarat on October 7, 2001), he was again in a program related to the welfare of the poor.

Before the Prime Minister’s speech, the Chief Minister of Madhya Pradesh, Shivraj Singh Chouhan, congratulated him on the end of his 20 years in public office.

Modi also praised the government of Madhya Pradesh led by Chouhan for digitizing the land and for presenting the Centre’s projects to the people of the state for their benefit.

Prior to his remarks, the prime minister virtually spoke to Pawan Baretha, a resident of Handia village in Harda district, and asked what the villagers called the drones engaged in an investigation for the SVAMITVA program.

Baretha said the villagers and her family were amazed to see the drone and named it “chhota helicopter”.

He also informed the Prime Minister that his business had grown after taking out a loan using the property card provided under the program.

Modi also spoke with Prem Singh from Dindori District and Vinita from Sehore and inquired about the change in their lives due to the property cards given under this program.

Union Ministers Narendra Singh Tomar, Jyotiraditya Scindia, Prahlad Singh Patel, Dharmendra Pradhan, Faggan Singh Kulaste, L Murugan and other leaders virtually attended the program.

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Johnston Carmichael focuses on the rural economy https://indicerural.com/johnston-carmichael-focuses-on-the-rural-economy/ https://indicerural.com/johnston-carmichael-focuses-on-the-rural-economy/#respond Thu, 16 Sep 2021 07:00:00 +0000 https://indicerural.com/johnston-carmichael-focuses-on-the-rural-economy/ JOHNSTON Carmichael has assembled a new team of experts to provide clients with comprehensive advice on all aspects of the rapidly changing rural sector.

The rural team, which brings together the company’s agriculture and land specialists, will be led by Jenn Stewart, who, as head of the company’s Dundee office, works with a wide range of rural businesses.

Read more: No more short-termism on the future of agriculture

She will also benefit from the extensive experience of tax expert Alex Docherty and agronomists Robin Dandie and Jane Mitchell.

The countryside faces a changing landscape, especially following Brexit. The new team will help support farmers and landowners in their adaptation to the new environment and maximize the opportunities arising from the emerging economic recovery.

Jenn Stewart said: “The changing nature of the rural economy, which now includes a wide range of activities from agriculture to tourism and renewable energy, presents a multitude of opportunities for our customers. Rural businesses are also adjusting to a very different landscape after Brexit.

Read more: Post-Covid hangover to hit rural economies

“However, in our increasingly digital world, it is imperative that agribusinesses understand the role that technology can play in helping to improve efficiency and, therefore, profitability. With in-depth knowledge and experience of the sector, our new rural team is well placed to ensure our clients have access to the best advice on new technologies and their integration into their growth plans.

The creation of the new team is part of an overhaul and broader strengthening of the firm’s sector orientation. The changes include the appointment of a number of new area leaders as well as the merger and rebranding of some of the existing industry specialist teams, including the addition of the company’s fisheries specialists to its catering team.

Johnston Carmichael’s President, Customer Service Officer and Partner, Sandy Manson, added, “We have always demonstrated real strength and depth in our knowledge of the key sectors that underpin and drive our economy. However, as the economy and market evolve, so too must and our reshaped sector approach means that we will be able to bring an ever more focused and insightful approach to how we deploy our considerable sector expertise to the benefit of our clients in building successful and sustainable businesses. ”

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Government accused of prioritizing the North and cities over the rural economy of the South West https://indicerural.com/government-accused-of-prioritizing-the-north-and-cities-over-the-rural-economy-of-the-south-west/ https://indicerural.com/government-accused-of-prioritizing-the-north-and-cities-over-the-rural-economy-of-the-south-west/#respond Wed, 15 Sep 2021 07:00:00 +0000 https://indicerural.com/government-accused-of-prioritizing-the-north-and-cities-over-the-rural-economy-of-the-south-west/

Businesses in the South West have accused the government of “throwing a hand grenade” as part of plans to level the country by prioritizing the creation of new town halls in the north of England.

Tim Jones, chairman of the South West Business Council (SWBC), said ministers were focusing on a “city-centric economy” at the expense of rural areas.

His remarks came after Communities Secretary Robert Jenrick told the Financial Times that Cumbria, North Yorkshire and the East Riding of Yorkshire could have elected mayors as the government pledged to ‘broaden and deepen’ the decentralization program.

Learn more about the economy of the South West



Housing and Communities Secretary Robert Jenrick

But Mr Jones, chairman of the South West Business Council (SWBC), said Mr Jenrick’s comments were “extremely inflammatory” and “polls” of businesses in the Southwest have revealed they believe the areas rural areas, and the South West in particular, were neglected.

“He threw a big hand grenade that will further widen the gap between cities and rural areas,” Mr Jones said. “Big cities are their priority. The government has little interest in our rural economy. But they should develop a strategy for rural and urban areas.

SWBC’s concerns come just a week after Prime Minister Boris Johnson was asked to keep years of pledges to support the Greater South West.

In an open letter to the Prime Minister, Bill Martin, editor of the Western Morning News, who along with Pennon led the #BackTheGreatSouthWest campaign, wrote that the region’s economic leaders are frustrated after five years of “warm words” but a lack of action on wants the region to become a beacon of the green economy.

A new upgrade white paper is now due for release this fall, meant to replace a previously promised decentralization plan.

Mr Jenrick told the FT that there is still “interest” in creating three northern town halls, but that in rural areas, county agreements, which are to be confirmed in this white paper, may be more appropriate .



Business Live’s Southwestern business reporter is William Telford. William has over a decade of experience reporting on the business scene in Plymouth and the South West. It is based in Plymouth but covers the entire region.

To contact William: Email: william.telford@reachplc.com – Phone: 01752 293116 – Mob: 07584 594052 – Twitter: @WTelfordHerald – LinkedIn: www.linkedin.com – Facebook: www.facebook.com/william.telford.5473

Staying in touch: BusinessLive newsletters have been redesigned to make them even better. We send morning newsletters straight to your inbox on the latest news, views and opinions in the South West. Also receive our news alerts and weekly industry reviews. Register now – it’s free and it only takes a minute. To subscribe to the daily Business Live newsletters, click here

And visit the Business Live South West LinkedIn page here

This concept takes decentralization beyond the larger cities, offering the same powers that metro mayors have acquired over transport, skills and economic support. County Deals should be tailored to the needs of individual places, enabling them to drive ideas, create jobs, drive growth and improve public services.

But Mr Jones said those deals could be substandard and added: “The government says if you are not a town hall you will be a lower category. So if you read it as we are, it’s a very volatile situation and we’re always going to catch up with the funding. “

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Assam’s cow protection law could devastate state’s already stressed rural economy https://indicerural.com/assams-cow-protection-law-could-devastate-states-already-stressed-rural-economy/ https://indicerural.com/assams-cow-protection-law-could-devastate-states-already-stressed-rural-economy/#respond Sat, 04 Sep 2021 07:00:00 +0000 https://indicerural.com/assams-cow-protection-law-could-devastate-states-already-stressed-rural-economy/

Barely three months after the re-election of the Bharatiya Janata party in Assam, the state government passed the Assam Livestock Preservation Bill 2021 to protect cows, a sacred animal to most Hindus .

On July 12, Chief Minister Himanta Biswa Sarma introduced the bill to replace the Assam Cattle Preservation Act 1950, claiming that the old legislation lacked sufficient safeguards to regulate slaughter, consumption and livestock transport. The bill was passed on August 13, the last day of the budget session.

The new legislation prohibits selling and buying beef in areas inhabited by non-beef eating communities and within 5 km of a temple or satra (as Vaishnavite monasteries are called). The legislation further specifies a ban on interstate transport of livestock to and from Assam, without valid documentation, ostensibly to stem the smuggling of livestock into neighboring Bangladesh.

The new legislation also banned the slaughter of cows of any age, as opposed to the age of 14 specified in the previous law.

Declining livestock sector

Many fear that the passage of the law will make trading in livestock nearly impossible because law enforcement agencies are likely to interpret it arbitrarily and ambiguities in the clauses encourage self-defense.

With the passage of new legislation, Assam has become the latest addition to the growing list of states to amend or introduce laws to protect cows since the government of the National Democratic Alliance-led came to power. by the BJP in 2014.

Assam is the latest on the growing list of states to change or introduce laws to protect cows since the BJP-led National Democratic Alliance government came to power in 2014. Photo credit: Anivesh. agrawal, via Wikimedia Commons (CC BY-SA 4.0)

Between 2001-2013-’14, the livestock sector was a major driver of farmer income growth, recording annual growth of 4.5% over the period. However, the fortunes of the sector have taken a nosedive since the mid-2010s. IndiaSpend detailed the harmful effects of these laws on the livestock economy.

The growth of beef and leather exports has stalled since 2014. The growth of beef exports has increased from 35.93% in 2013-’14 to 3.06% in 2017-’18. India is responsible for 13% of global leather production, but the growth in exports of leather and leather products has increased from 18% in 2013-’14 to 1.4% in 2017-’18.

As more than 70% of the state’s population still depend on the agricultural sector for their livelihoods, compared to less than 50% for India as a whole, the new law could have a particularly negative effect on the rural economy of Assam.

The latest data set from the national sample survey shows that the state has experienced negative growth in the overall income of farmers (-0.34%). The livestock sector is one of the few bright spots in the state to have recorded a 9.47% revenue growth rate. The sector’s contribution to rural income is 12%, alongside agriculture (63%) and wages / salaries (21%).

“Demonetization of assets”

The new legislation is expected to change the role the livestock sector plays in the besieged rural economy of Assam. As it stands, more than 97% livestock is in the unorganized sector. Most of the state’s farmers say that although the livestock they own are native breeds with low milk yield, they depend on the additional income they earn from the sale of livestock after fallowing and stopping. milk production, usually after 10 to 12 years. of the life of a cow.

According to the 19th livestock census cycle conducted in 2012, the state has a cattle population of 1,037,700, of which only 3.84% are exotic or mixed. The national figure is 20.81%. However, native cattle still represent 54.41% of total milk production in the state.

A recent study by Go Anusandhan Sanstha, a cow research institute in Mathura, reported that a dairy cow brings in an economic return of Rs 85 per day. Unproductive cattle, on the other hand, report a loss of Rs 60 per day.

Unable to get rid of these cattle after the expiration of their production period, the farmers have no choice but to abandon the cattle. Such a disturbance, in the words of environmentalist Sunita Narain, is equivalent to “the demonetization of agricultural assets because farmers cannot sell livestock to traders, which results in a serious loss of their income from this endowment”.

The economic burden of the fallout from these laws will fall disproportionately on smallholders, many of whom are owned by disadvantaged communities. In the state, small and marginal farmers together account for 93.62% of households reporting significant sources of income from self-employment in the livestock sector. Many of them belong to disadvantaged communities such as Scheduled Castes, Scheduled Tribes and other backward classes. In Assam, these communities represent 22.73% of households against 4.42% nationally.

In India, the growth of beef and leather exports has stalled since 2014. Photo credit: PTI Photo

Turn to buffaloes

Evidence from the latest livestock census shows that new legislation in Assam is unlikely to achieve its long-held goal of protecting sacred cows, as states with stricter laws against the trade and slaughter of cows have been witnesses of a sharp decline in their cattle herd.

Stuck with cattle that cannot be eliminated, farmers are increasingly turning to buffaloes, which, like in other states, are being kept outside the scope of the Assam Cattle Preservation Bill 2021 However, such a move towards more expensive animals such as buffaloes and hybrid breeds would be more likely to be concentrated among relatively better endowed rural households, leading to increased rural inequalities.

The shock to the state’s livestock sector has come at a most inopportune time. A recent World Bank document entitled “Assam: Poverty, growth and inequalities”Prepared for the state notes that rural poverty is stubbornly high in the state at 34%, which is little changed from 36% in the previous decade.

The state also recently got the ignominy of one of the worst performing states along with Bihar and Jharkhand in the third edition of Niti Aayog Sustainable development goals which was unveiled in June.

Most of the rural areas of the state under duress have increasingly seen resource-poor rural households undertake seasonal migration from rural to urban centers, many even outside the state to support their fragile livelihoods.

If the shock of the Covid-induced lockdown is not enough, the new cow protection legislation could drive a final nail into the coffin of the state’s already battered rural economy.

Rajib Sutradhar teaches economics at Christ Deemed to University in Bangalore. His email id is rajibsutradhar@gmail.com.

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This self-help group of women in Rajasthan stimulates the rural economy with small-scale agriculture and textile units https://indicerural.com/this-self-help-group-of-women-in-rajasthan-stimulates-the-rural-economy-with-small-scale-agriculture-and-textile-units/ https://indicerural.com/this-self-help-group-of-women-in-rajasthan-stimulates-the-rural-economy-with-small-scale-agriculture-and-textile-units/#respond Mon, 30 Aug 2021 07:00:00 +0000 https://indicerural.com/this-self-help-group-of-women-in-rajasthan-stimulates-the-rural-economy-with-small-scale-agriculture-and-textile-units/

With the aim of helping nation-building and empowering the rural economy, Hindustan Zinc, claimed to be the only integrated producer of zinc-lead and silver as part of its micro-initiative. business – Sakhi Utpadan Samiti, provided sustainable livelihoods to women belonging to rural and tribal communities in five districts of Rajasthan.

Udaipur, Ajmer, Chittorgarh, Bhilwara and Rajsamand are the districts covered by the initiative. Now the Uttarakhand Pantnagar is also on the list. He creates self-help groups for women (SHG) to develop them in the field of entrepreneurship.

The organization runs four agribusinesses and two textile units that employ at least 130 Sakhi women and produce good-quality, chemical-free products, according to the India CSR. Units for the production of spices, legumes and pickles are also managed by the women of these groups.

A wide range of agricultural and textile products are offered for sale across the country. The Sakhi Self Help Group program aligns with the government’s efforts on financial inclusion of women to encourage their entrepreneurship.

“Katori” and “Upaya” – Sakhi’s marketing entities work in sequence with women’s collectives to assist them in their evolution into independent and sustainable businesses. They also help to bridge the gap between rural women and the end consumer.

“Voice for the locals”

“Our basic principle of being ‘Vocal for Local’ promotes the growth of small industries, mainly in our local communities. Through the power of entrepreneurship and skills development, we tend to empower our local communities. to become ‘Aatmanirbhar Bharat’. Our Sakhis are the catalysts of social change in our local communities. We have trained them through the collective microenterprises of our Sakhi Utpadan Samiti, supported them and granted them a platform to integrate the social and financial inclusion of women in an egalitarian society ”, Arun Misra, CEO, Hindustan Zinc, quoted by India CSR.

Gudiya Kanwar, a female entrepreneur, employed in the Kayad Village Marinating Unit in Ajmer, Rajasthan, said the stripping unit has made her life better and that she hopes to turn the small unit into a marinade factory soon. .

“I am now able to meet the financial needs of my son’s education on my own and finance the construction of our new house,” she said, quoted by India CSR. Being the sole breadwinner in the family, she now earns 4,000 to 5,000 per month.

Jamna Khatik, meanwhile, earns over 25,000 and is now able to make a fixed deposit to secure her children’s higher education. She shared that she had humble beginnings but is now able to earn more than her expenses.

“I dream of starting my own sewing center where I can be a source of employment for other Sakhis,” she said, according to India CSR.

Empowering dreams since 2006

Hindustan Zinc has been offering women empowerment interventions in local communities since 2006 and will continue to push the boundaries on this front. The project involves 194 functional village organizations (OVs) and five federations with more than 27,000 women in seven localities.

Reportedly, with around 36.1 million units, MSMEs contribute almost 6.11 percent of GDP in manufacturing and 24.63 percent of GDP from service activities. MSME industries employ 120 million people and have the potential to increase their contribution to GDP to almost 50 percent by 2025.

Also read: University of Mysore Withdraws Controversial Ordinance Banning Movement of Female Students After 6pm

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IFAD and China Launch Rural Economy Revitalization Project in Hunan | Press releases | Asia https://indicerural.com/ifad-and-china-launch-rural-economy-revitalization-project-in-hunan-press-releases-asia/ https://indicerural.com/ifad-and-china-launch-rural-economy-revitalization-project-in-hunan-press-releases-asia/#respond Thu, 22 Jul 2021 07:00:00 +0000 https://indicerural.com/ifad-and-china-launch-rural-economy-revitalization-project-in-hunan-press-releases-asia/

The United Nations International Fund for Agricultural Development (IFAD) and the People’s Republic of China launch the Hunan Rural Revitalization Demonstration Project (H2RDP) today to increase the profitability of specialized agricultural production and increase economic vitality in targeted rural areas of Hunan province – and to help vulnerable rural households improve their means livelihoods and their resilience.

In China, over the past decades, the active workforce has migrated from rural to urban areas in search of better wages and a greater variety of benefits and income-generating opportunities. This massive migration left rural areas with a reduced labor force and little interest in agriculture as a viable income channel. Rural areas urgently need revitalization, investment and a young generation of farmers interested in developing the agricultural sector and actively participating in a renewed rural economy.

Although China has declared the eradication of extreme poverty in 2020, households in remote rural areas remain vulnerable. Hunan province is home to a large part of these households. In 2020, the average income in rural Hunan was only 40% of the average income of people living in urban areas of the province.

“With this project, IFAD will help China pilot innovative approaches to revitalize rural farming communities: develop inclusive private sector investment models that generate new and diverse income opportunities; help young people and women to start their own businesses; and modernize a comprehensive farmer training program that includes youth and women. said Matteo Marchisio, IFAD country director in China.

H2RDP aims to contribute to China’s rural revitalization strategy adopted by the government as part of its post-2020 development trajectory.

The project will also develop and implement a climate resilient public infrastructure plan. This component of the project aims to fill gaps in rural infrastructure that may limit or hinder the implementation of project activities. It will reduce the risks and impacts associated with changing weather and climate conditions and boost agricultural production that is more sustainable and resilient to climate change.

The project will boost women’s economic empowerment and address some of the root causes that limit women’s equal access to resources and economic opportunities. IFAD’s sister UN agency, UN Women, will work closely with project staff in the field to tackle these issues.

The H2RDP project will be implemented over five years and in ten counties of Changde, Xiangxi, Shaoyang and Chenzhou. It is expected to directly benefit about 328,000 people and indirectly to 85,000 others.

The total cost of the project is US $ 173.27 million, of which IFAD is financing US $ 60.2 million through a loan. China will contribute US $ 90.86 million and the private sector will invest US $ 21.47 million.

To date, IFAD has supported 33 development projects in China at a total project cost of US $ 2.99 billion, of which US $ 1.15 billion has been provided by IFAD. About 4,589,181 poor rural households were affected.

Find out more about IFAD’s work in China

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Media contact

Susan beccio

Regional communications officer, Asia and the Pacific

Email: s.beccio@ifad.org

Telephone: +39 3349533030

IFAD invests in rural people, empowering them to reduce poverty, increase food security, improve nutrition and build resilience. Since 1978, we have provided approximately US $ 23.2 billion in grants and low-interest loans to projects that have affected some 518 million people. IFAD is an international financial institution and a specialized agency of the United Nations based in Rome – the United Nations’ hub for food and agriculture.

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CBs play a key role in Telangana’s rural economy: KCR https://indicerural.com/cbs-play-a-key-role-in-telanganas-rural-economy-kcr/ https://indicerural.com/cbs-play-a-key-role-in-telanganas-rural-economy-kcr/#respond Tue, 20 Jul 2021 07:00:00 +0000 https://indicerural.com/cbs-play-a-key-role-in-telanganas-rural-economy-kcr/

Hyderabad: Chief Minister K Chandrashekhar Rao said on Tuesday that Telangana’s rural economy depended on caste-based professions exercised by the backward classes involved in manufacturing and service sectors in rural areas, which in turn are linked to the progress of agriculture.

The Chief Minister observed that unlike North India, the Telangana BCs practice caste-based professions. “Therefore, the state government has launched different programs to support them. As a first step, the government restored the village reservoirs as part of the Mission Kakatiya program, which improved irrigation and associated occupations. Thus, the government has breathed new life into caste-based professions and made Telangana an ideal state for these professions in the country, ”he said.

Chandrashekhar Rao pointed out that the distribution of sheep for the communities of Golla, Kuruma and Yadava as well as the fish farming in the basins and reservoirs of the villages for Gangaputra, Mudiraj and other fishing communities are working well and empowering these communities.

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The fish population had increased dramatically after the construction of projects such as the Kaleshwaram Elevator Irrigation Project, which in turn filled several water bodies, including village reservoirs. As a result, every village tank in the state has become a center for fish breeding, he added.

“Under these circumstances, measures should be taken to export these fish to other towns and villages that do not have access to seashores,” he said, adding that fish farming in village aquariums will be under. supervision of the Fisheries Department. He called on officials to take action to offer membership to eligible young people over the age of 18 in fishermen’s cooperative societies.

The chief minister recalled that the community of weavers, which was the largest provider of jobs in the state after the agricultural sector, was in the midst of the doldrums in the former Andhra Pradesh. But after the state was formed, the Telangana government took steps to revive looms and power looms. Likewise, other communities like the grog tappers, Nayi Brahmin (barbers), Rajaka (washers) have also received the much needed boost through various programs.

Read also :

CM KCR gives green light for second phase of sheep distribution program


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World Bank gives $ 300 million for rural economy and resilience to Covid-19 https://indicerural.com/world-bank-gives-300-million-for-rural-economy-and-resilience-to-covid-19/ https://indicerural.com/world-bank-gives-300-million-for-rural-economy-and-resilience-to-covid-19/#respond Tue, 29 Jun 2021 07:00:00 +0000 https://indicerural.com/world-bank-gives-300-million-for-rural-economy-and-resilience-to-covid-19/

The World Bank signed a $ 300 million funding agreement with Bangladesh on June 27 to help an estimated 750,000 poor and extremely poor in 20 districts lift themselves out of poverty and build resilience to the Covid-19 pandemic and to any future shock.

Through income-generating activities, support for livelihoods and entrepreneurship, as well as skills development of the poor and extremely poor, the Resilience, Entrepreneurship and Improved Livelihoods (RELI) project will help stimulate the rural economy in approximately 3,200 villages.

Building on the success of the first and second projects of the Social Investment Program and the Nuton Jibon Livelihood Improvement Project, the RELI project will mobilize, develop and strengthen community organizations, and finance their community plans, will provide money transfers and income loans. generating activities, the World Bank said in a statement today.

“The Covid-19 pandemic has negatively impacted the rural poor, especially women, by limiting their income and economic opportunities,” said Mercy Tembon, World Bank Country Director for Bangladesh and Bhutan.

“This project will help stimulate the rural economy and 90 percent of the beneficiaries will be women. The project will also contribute to health and nutrition awareness. When a woman earns more, her family and the community are better off.

In addition, the project will support rural entrepreneurs and producer groups with business links, including e-commerce platforms, partnerships with local governments and promotional activities.

It will also offer skills development training to unemployed or underemployed youth and return migrants to increase their employability.

“The project is aligned with the Eighth Five-Year Plan and the Bangladesh Delta Plan 2100,” said Fatima Yasmin, secretary of the economic relations division.

“Through community mobilization and climate-smart farming practices, the project will help rural women withstand any future shocks like the pandemic without falling back into poverty. “

The project will provide training to nearly 490,000 people on climate risks, adaptation and resilience building. It will also build 5,120 small-scale climate resilient infrastructure.

The agreement was signed by Yasmin and Tembon on behalf of the government and the World Bank respectively.

The World Bank’s International Development Association credit has a term of 30 years, including a five-year grace period.

The World Bank is among the first development partners to support Bangladesh after independence.

Bangladesh currently has one of IDA’s largest programs, totaling over $ 14 billion.

Since independence, the World Bank has committed over $ 35 billion in grants, interest-free and concessional loans in the country.

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