GST rate cuts and lower inflation boosted the rural income, with 79.2 per cent of households reporting increased consumption, according to the NABARD Rural Economic Conditions & Sentiments Survey – Round 8 (Nov 2025).
67.83 per cent of the monthly income now goes to consumption, the highest since the survey began.
Income levels also improved. 42.2% of households reported an increase in income, while only 15.7% saw a decline, marking the best performance so far. Capital investment surged too, with 29.3% of families increasing asset creation, signalling healthier financial confidence.
However, financial savings weakened, and short-term expectations turned soft. Less than half of the households expect income or employment to improve in the next three months.
Despite the near-term worry, l

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