While there have been several media reports about how the precarious fiscal position in Rural India has lead to a slowdown in the FMCG sector of India, causing the food giants Britannia and Parle to slash production and jobs, respectively, the reasons behind the rising fiscal distress in rural India must be understood if we ..
Britannia: GK, Current Affairs, Questions, Trivia and News
The hard-hitting Indian economic crisis has also taken a toll on the Biscuit makers in India. What has happened? The Indian Rural economy is in shambles and is facing a significant credit crunch which has been magnified by successive droughts and crop failures. The rural sector is one of the largest consumers of small biscuit ..