Politically correct stocks: Government push on increasing rural income may act as tailwind
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ETMarkets.com
Synopsis
While the government’s decision to push for policies which help in increasing rural incomes has been in place for some time. But given the fact that any change in the rural income matrix is a time consuming process, there can be a mismatch of expectations and times. There is a high probability that in the coming years there could be more policy push to increase rural incomes. Yes, the reason could be that the government wants to get its political capital back. Whatever might be the reason, the stakeholders of the systems are likely to be benefited. Now traditionally we think it is agriculture which will be the focus, but there is more to the rural economy, beside agriculture. We take a look at 4 companies where fortunes are tied to agriculture and other parts of the rural income.
By ETMarkets.com
9 mins read, Last Updated:
Whether one likes it or not, the fact is that policy push and politics have strong correlation. So, if there is a feeling in the corridors that it is time to renew the focus on rural India, there are bound to be policy changes which will happen and that we are going to see, efforts being made to either form new policies or change the existing ones so that income generation in rural areas increases. So, the priority would be anything which either
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