Rural India is on the rise, and the growth story of India will be written on the rural pages. Rural marketing fulfills the dreams, ambitions, and expectations of all classes residing in rural India, including the young and old, the educated, unskilled and skilled, women, farmers, and laborers. Rural India is aspiring for a better life with growth and facilities, including better education for their children, better employment opportunities, better infrastructural development, marketing solutions for their produce and products, and a conducive environment for business with the best finance options.
Cooperatives have played a crucial role in the growth of rural economies, with Amul being a prime example of their success. India has become a global leader in milk and sugar production thanks to the success of dairy and sugar co-operatives. With more than half a million cooperatives and over 200 million members, India now boasts the largest network of cooperatives in the world. Cooperative credit facilities and the distribution of fertilizers and agrochemicals have also been successful in helping farmers. Although political interference and corruption have led to the failure of some cooperatives in India, the movement has changed the country's mindset toward agricultural growth. Self-help groups have largely worked towards empowering women. In a stimulus package announced by the union finance minister to fight COVID-19, collateral-free loans have doubled for women self-help groups (SHGs) from Rs 10 lakh to Rs 20 lakh. This will help 63 lakh SHGs covering 7 crore families. For inst...
