on agriculture, stresses on food self-sufficiency and employment to the rural people as the top priorities. Nevertheless, this food self-sufficiency is under strong constraints and handicaps, particularly from the massive rural population growth which consequently leading to illiteracy, ignorance, and backwardness. Besides, alarming also leading to land under cultivation is not only diminishing but also gets further fragmented, ecology degraded, infrastructural facilities do not match with the growth of rural population. This problem has been aggravated mainly by demographic pressure which leads to a large number of very small fields of the country and poor infrastructure facilities like water, electricity, transport, educational institutions, communication, health, warehousing etc. Unless these problems are strategically attended and pragmatic efforts are initiated, India, can’t flourish its rural areas and communities. Keeping these in view, the present paper tries to identify the impediments in implementing rural development programmes and pragmatic efforts to overcome them for ensuring equitable and sustainable development in rural
Since many rural households derive income from some form of non-farm activity, increasing the profitability and range of such activities would improve their ways of living security and living conditions (Awoyemi, 2004). However, expansion of these opportunities related to the asset status and barriers to entry resulting from inadequate or differential access to markets (Ellis, 2000). It is obvious that rural economy is not based on agriculture but rather on a diverse means of activities and enterprises. Much recent thinking on this subject is based on the concept of livelihood diversification as a survival strategy of rural households in developing countries (Ellis, 1998). Farming remains important but rural people are looking for diverse opportunities to increase and stabilize their incomes.
The country of India is in dire need of aid in the decreasing of their population. There are approximately 25 births for each 9 deaths. That is nearly a 1.58% increase in population. The billionth baby was born not to long ago and if this rate keeps up, the problems are only going to get
Economic growth refers to the rate of increase in the total production of goods and services within an economy. Economic growth increases the productivity capacity of an economy, thereby allowing more wants to be satisfied. A growing economy increases employment opportunities, stimulates business enterprise and innovation. A sustained economic growth is fundamental to any nation wishing to raise its standard of living and provide a greater well being for all. Gross domestic product (GDP) is the monetary value of all final goods and services produced over a year. It is the total value of production within the economy. The total value of production is the total value of the final goods or services less the cost of
Rare are the moments in history when a nation suddenly captures the imagination of the world. For India, those rare moments have arrived. The country is achieving a high economic growth of over 8 per cent of its GDP annually, on a consistent basis.
India and China, the two dragons constantly fighting with each other, both historically and economically. Although China appears to indulge in the media’s thoughts, perhaps India has been slowly but surely closing the gap or even taking the edge.
India is the second most populated country in the world with an approximate 1.3 billion people, and boasts an exponentially growing middle income consumer. Currently, the middle class numbers are around 50 million people, but by the year 2025 this is expected to expand dramatically to around 583 million people, 41% of the Indian population (“Next Big
enhance farm productivity and the rural resource base. Some Social Factors ITC had to face
India is the seventh-largest country by area and the most populous democracy in the world. India’s first people were those of the Indus Valley Civilization, who prospered during the 2nd and 3rd millenia BC. Throughout the next few centuries, India was home to many groups: the Aryans, Mauryans, and finally the Mughal Dynasty. In the 16th century the British East India Trading Company started establishing ports in India and by the mid 18th century the British Crown controlled the country. The British maintained this role for close to 200 years. (CIA World Factbook). The Human Development Index is a way to measure a countries development using variables such as life expectency, average income, and years of schooling. India’s HDI is 0.624. India is ranked as the 131st country out of a total of 188 (Human Development Report). Although ending over 60 years ago, British colonization still impacts India in the way the country economically, politically, and culturally functions today.
XXXVII NO.29 New Delhi,Oct.,20-26,2012,pp.1&56 presented MGNREGA Sameeksha as an anthology of independent research studies and analysis on the Mahatma Gandhi National Rural Employment Guarantee Act from 2006-2012 provides a platform for evaluation of a law desired to assist the most invisible people in India. Dre’ze Jean and Sidarth Lal, “Employment Guarantee”: NREGA, The Hindu, July 13, 2007 delineated about NREGS in Rajasthan have come to the conclusion that Rajasthan comes first in terms of employment generation per rural household under the National Rural Employment Guarantee Act (NREGA). The share of women in NREGA employment is around two thirds in Rajasthan, and that of Scheduled Caste and Scheduled Tribe households is as high as 80 percent. The inspection team visited three blocks of Jhalawar district (Bakani, Dag and Sunel), verified job cards and muster rolls in half a dozen villages, and had detailed discussions with labourers, mates, sarpanchs, gram panchayat secretaries, engineers, Programme Officers and block development officers, among others. The Mahatma Gandhi National Rural Employment Guarantee Act 2005 Operational Guidelines, 2012, 4th Edition, Draft Submitted By Mihir Shah Committee to Ministry of Rural Development, Government of India , February 2012 presented the guidelines of MGNREGA that should be kept in mind by the officials. Centre for Science and Environment (CSE), An
The national planning commission (NPC) of South Africa acknowledges that rural areas in South Africa are in a poverty trap, which results from inadequate development within this area. The commission describes the rural South Africa as the areas in crisis with high rate of poverty and unemployment, depopulating towns and disintegrating institutions. To overcome this serious issues, the significance of rural development strategies has been stressed by the World Bank and other organizations. The developing of rural development (RD) strategies has been adopted and utilise by many countries across the world for decades now, with the aim of promoting growth and helping to solve the problems of poverty and unemployment in rural areas. The success of a rural development strategy that can bring about development and economic growth in rural economies, require a
SMEs (Small and Medium enterprises) are one of the key drivers of India’s economic growth. Over the years a large number of small and medium size companies have grown in the market. Small and Medium Enterprises (SMEs) have been contributing so much towards the GDP of India. With their emergence and huge potential, the government of India launched regulated trading platforms for the SMEs, which allows them to get listed without bringing an IPO. The stock exchanges for these enterprises were introduced so that these firms can do better in financing activities for themselves. Of course, there is an option of adding debt, which also helps improve the overall return on equity, but the cost of raising debt for SMEs is relatively higher. High interest expense does not look very good on the profit and loss statement of a growing company. Thus, in order to fund the next stage of growth without excessive interest cost burden, companies look to access equity funds via capital markets. This is where listing on an exchange comes into the picture. The research would include the implications of the introduction of the BSE and NSE SME stock exchanges how well they are performing. Also, what is the response from the SME sector.
India is a developing country. The factors hindering development of the country are many. Some of them can be attributed to the low per capita income and larger chunk of the population living under the poverty line. India is a country with poor people but with rich natural resources. It can be said that the country’s potential is either the human resource or the natural resources are not adequately utilized to the maximum extent and that resulted in low per capita income. India is an agrarian economy. The economy is marred with unemployment and under employment. Since the economy is basically agrarian, disguised unemployment is also rampant among the farmer community.
It is expected that by 2021, India’s projected population of 1.3 billion will constitute 64.2% of people in between the age group of 15 and 59.