New Delhi, Dec 11 (PTI) In a clear sign of rural economic momentum, 80 per cent of rural households have consistently reported higher consumption over the last year – a hallmark of rising prosperity, according to a NABARD survey.

The past year has seen a clear strengthening of rural economic fundamentals. With robust consumption, rising incomes, moderating inflation and healthier financial behaviour, rural India is on a positive trajectory, it said.

Sustained welfare support and strong public investment are reinforcing this momentum, the 8th round of NABARD’s Rural Economic Conditions and Sentiments Survey (RECSS) said.

About 67 per cent of monthly income is now spent on consumption, the highest share since the survey began, aided by GST rate rationalisation, it said.

The rural consump

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