|| SHANIWAR SAMWAD || 30-04-2022

 So the corona is coming back again the fourth time, some expect it will peak by in around June.

The recent news published in daily and periodicals is showing the resilience of the economy.

One small piece of news was given on the last page of a leading daily, that number of small  transactions done by rural folks digitally is nearly 42% of total transactions.

The volumes increasing day by day with the net value of transactions is increasing, here one major market for different goods and services is in making with demands for the same increasing.

The money transaction by this mode is making money with the trail.

The money transferred by the government and now the purchase of commodities make the money trail with a realization for farmers and other rural folks.

The ongoing season of wheat procurement is good for farmers as they are getting money on spot with higher than MSP with lifting from fields itself.

The demand for other products and services is increasing for example  Maruti sold some 5000000+ cars in the month of April itself. The above-said figures include all models

The internet penetration in the rural part is increasing with data consumption on daily basis is around approximately 1.5Gb/ day.

The rural belt is well connect with rest of country both physically and digitally, which is main reason behind the increased demand.

Here one  point is amazing that this year inflation due to war which was supposed tobe short or just invasion of Russia in Ukraine, but due to this the normal life is affect due to supply mismatch.

The average price rise is more than the normal hike which we saw in the past.

But the market is not down, the demand for goods and services is increasing  so the demand for high speed diesel and petrol.

The final figure from the RBI will come by next week. But the indicators are in positive side except for inflation.

So far the rural part is not counting on the inflation but they are continue with their plan.


Location: India

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