August 2021

Mohammad Anas Wahaj | 25 aug 2021

India is predominantly an agrarian society with 2/3rd of its population associated with agriculture and related sectors. Moreover, 1/3rd of rural India still lives below poverty line. These statistics points towards an imbalance in rural and urban society and leads to migration by rural population towards cities in search of livelihoods. Long-term well thought out planning and implementation is a necessity to pursue rural development and make rural economy a thriving force to bridge the rural-urban divide and provide opportunities to rural population and enhance their quality of life in rural areas. Some of the steps that would be required to make it a reality would include - (1) Skilled Manpower: Improve availability of educational and vocational skill-based training for rural youth to enhance their employability; Awareness and knowledge about modern agricultural practices to rural population; In addition to education, public health and sanitation, women empowerment, providing better electricity and irrigation, facilities for agriculture extension, research, loans and credit availability, along with skill development for employment, are some of the steps needed in this regard. (2) Aiding Growth: To reduce unplanned migration towards cities it is required to provide opportunities to youth in rural areas. It is necessary to invest time and resources in promoting investment and creating infrastructure for better employment opportunities; Quality of agricultural jobs should be improved and there should be better human resources practices in such jobs to make them attractive for rural youth. (3) Building Opportunities: Entrepreneurship is one concept that should be seriously introduced in rural and agricultural sector to increase opportunities and support growth. It is important to create micro-entrepreneurs and economic clusters in rural India; For rural entrepreneurs to thrive government has to improve rural infrastructure through investments in roads, electricity, irrigation networks, and national cold chain grids in the rural areas; Welfare funding is another area that need to be addressed. But overall the most important thing is to empower rural youth to become entrepreneur and become generator of employment opportunites within the rural setting will be turning point in rural economy leading to sustainable rural development. Read on...

YourStory: How can rural economy contribute to the socio-economic growth of India
Authors: Sanjay Rai Sherpuriya, Suman Singh

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