Encouragingly, all of these variables are looking up right now, implying that rural wages, and therefore the fortunes of the landless, are likely to do better in time. To be more precise, we plug our expectations of these drivers of rural wages into our regression and estimate that rural wage growth is likely to swing up from 3.4% in early 2018 to average 6-9% in FY19. And what is more interesting is that since the building blocks are in order, this will happen without any need for additional fiscal stimulus to revive rural India. To sum up, the rural landed may be faring better than before, but this is not trickling down to the wage-earning rural landless. Chances are, however, that the landless will fare better in FY19.