Key challenges
Only 10% of households with formally employed chief wage earners
Muted consumer demand
Rising food, fuel, and fertiliser prices have depleted rural purchasing power
Weak inter-state migration of labour
Digital transformation needs to have zero tolerance on consumer data breaches
Industry ask
Increase direct benefit transfer to generate rural demand
Faster disbursement of PLI to increase job formalisation
Easy access of credit for MSMEs to build robust supply chains
Create an inter–state migration council to ensure free movement across states
Notify details of the digital personal data protection Act transparently
First Published: Jul 16 2024 | 11:24 PM IS