Index for Rural India shows upbeat business sentiments in rural areas

Tags: Economics/Business

A recently launched “Rural Business Confidence Index” developed by Confederation of Indian Industries (CII) with Credit rating agency CRIF High Mark  showed upbeat sentiment in the rural areas.

The Index shows that despite the pandemic, disbursement of retail loans in the rural areas has increased 23% by value to Rs 12.45 lakh crore in 2020-21 as compared to the previous year of Rs 10.10 Lakh crore.