1. ASSOCHAM Concept Note On Integrating Services Economy With Rural Landscape
- Authored By Prakash Chawla, Senior Political Economic Analyst, Commentator

2. Share of Farm Income in India’s Gross Value Addition (At current prices)
National GVA – Rs. 13, 669, 914 Crore
Agri Forestry, Fishing – Rs. 2, 372, 085 Crore (17.35 per cent of national GVA)

3. Major Drivers of Economy
GVA of trade, hotels, transport, communication broadcasting – Rs. 2, 519, 999 Crore
Financial, real estate, professional services – Rs. 2, 889, 048 Crore
Share of the two combined groups in National GVA – per cent

4. Rural population as per 2011 Census
Of 212 Crore Indians, 83.3 Crore (68.84 per cent) lived in rural areas as per the latest 2011 Census
Share of 83.3 Crore (or more , taking into account increase in rural population) Indians in the National GVA just about 17 per cent (As per the latest National Income data)

5. Backward integration of services, major economic drivers in to rural areas eminently doable
With focus on rural infrastructure – roads, broadband, financial inclusion, trade, tourism including hotels can invigorate the rural economy

6. Multiplier Impact
Doubling rural income in 5 – 7 years achievable with services backward integration in rural economy
With multiplier from rural expansion the total National Income can go up to 3.5 – 4 trillion in 5 – 7 years

7. Rural Vibrancy – Major Drivers
Roads including highways, state expressways, transport
Hotels, motels,
Rural tourism driven by geo-climatic, cultural social diversity
Dispensaries
Schools

8. Giving boost to rural economy would be a smart political economic strategy