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Informist, Thursday, Jan. 29, 2026

MUMBAI – Inclusive development by ensuring equality of opportunities is central to rural development, the Economic Survey for 2025-26 (Apr-Mar), tabled in Parliament Thursday, said. "... encouraging equality of opportunity is critical for economic efficiency since it maximises the utilisation of individual skills," it said.

Government policies have helped reduce poverty by influencing "income distribution, primarily through subsidies, pensions, direct transfers, and public expenditures on social services, including education and healthcare," it said. The Household Consumption Expenditure Survey 2023-24 reported that the bottom 5-10% of the population in both rural and urban areas saw the largest growth in average monthly per capita expenditure between 2022-23 and 2023-24, the survey said.

"Reviving the rural economy through local opportunities and innovation is essential," it said, adding that it requires safeguarding the environment, preserving culture and tradition, and promoting inclusive growth. Social development requires active community participation and continuous feedback mechanisms, the survey said.  End

Reported by Nandini Siha

Edited by Saji George Titus

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