FUTURE OF RURAL INSURANCE IN INDIA India is fast emerging on the world map as a strong economy and a global power. The country is going through a phase of rapid development and growth. All the vital industries and sectors of the country are registering growth and thus‚ luring foreign investors. And insurance sector is one of them. The rural market in India‚ constituting 742 million people‚ is by far the largest potential market in the world. The annual rural household income of Rs 56‚630 (as per
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RURAL ENTREPRENEURSHIP IN INDIA OPPORTUNITIES AND CHALLENGES Abstract The rural population constitutes a major segment in India. The livelihood strategies of this vast segment depend primarily on agriculture and allied activities. Growth in this agriculture sector has shown a declining trend during the last one decade. This has made a huge impact on the domestic production‚ employment‚ etc. These problems can be tackled‚ to a certain extent‚ by developing entrepreneurship in Rural India. This
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The rural road is defined as connecting public roads from village to the main road‚ where it will lead them market and access to other economic and social development facilities‚ which are not national and urban roads. Likewise‚ rural roads are communication routes with very low volume of traffic‚ generally 500 vehicles per day‚ whose major function is to provide access to farms and farmland (Gallegoa‚ Moyab‚ Garcıa‚ & Ayugac‚ 2008). Low volume rural roads are developed and maintained by local agencies
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CONTRIBUTION OF ICT IN RURAL SECTOR: Various initiatives in the recent past portrayed the significant role that the I.C.T plays in the realm of rural development. Several projects have reduced the costs‚ and it also has increased transparency. A large number of rural e-Governance applications‚ developed as pilot projects were aimed at offering easy access to citizen services and improved processing of government to citizen transactions. This paper presents a brief review of the innovative
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|Current Marketing Practices in Consumer Durables in | |Rural India | | | | | [pic] Contents [pic] Introduction 2 Indian Rural Market: 2 Recent shift in attention from urban to rural market: 2 Special Features of rural markets: 3 Methodology 5 Questionnaire 6 Responses 7 Respondent 1 7 Respondent
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RURAL AND URBAN Imagine that all people live in villages or they all live in cities. How would the life be if people lived the same lifestyle? A proverb in Yemen says‚” Being rural is the best color of lifestyle.’’ In which is meant living in villages is better than living in cities. Well‚ there is no doubt that life in villages is so beautiful‚ and very interesting indeed‚ but at the same there are people who prefer to live in metropolitan cities and this is due to their lust of living
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September 2012 Urban versus Rural Living People all over the United States decide on a daily basis on where they want to live. First off people have to understand what defines rural from urban. The United States Census Bureau classifies an urban environment as having a population density of at least one thousand people per square mile. Any area surrounding those census blocks with a population density of five hundred or fewer people per square mile are classified as rural (U.S. Census Bureau). In
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International Journal of Scientific & Engineering Research‚ Volume 4‚ Issue 7‚ July-2013 ISSN 2229-5518 730 A Study of Indian Rural Buying Behaviour for Selected Consumer Durables By Prof.Yuvraj L Lahoti¹ and Dr. Alfred S.J. Jacob² Abstract: The success of brand and product in India is unpredictable because with vast rural market and consumers it is difficult to guess the consumer behavior. Consumer behavior is centre of the modern marketing‚ understanding his behaviour is quite essential
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existence of the distinct discipline of rural marketing. Consequently‚ two schools of thought emerged. The first school belived that the products/services‚ marketing tools & strategies that are successful in urban areas‚ could be transplanted with little or no more modifications in rural areas. However‚ the second school saw a clear distinction between urban & rural India‚ & suggested a different approach‚ skills‚ tools & strategies to be successful in rural markets. What differentiates
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markets in India are already crowded and saturated. • Rural India is undergoing a phenomenal changes. • FMCG & consumer durable companies‚ which are basically “volume targeters” need to find new market regions and/or segments to sustain their topline & bottom-line. • Companies can exploit rural market segment/region to for new opportunities. • There are some organizations like HUL‚ ITC‚ LG‚ Mahindra etc. who are already benefiting from the rural focus through innovative ideas. 3 SOLOTAXONOMY
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