Economic Reforms and Rural Development

Contents: Preface. 1. Theory of modern economic reforms. 2. The relation of economic history economics. 3. Some paradigms of rural development. 4. Structural adjustment in India and international implications. 5. The need of India’s economic reforms and early shaping. 6. Structure of Indian economy. 7. Impact of economic liberalization on rural poors. 8. Trust on rural development based on sustainable and holistic approach. 9. Rural economy of India: sector wise analysis. 10. The changing faces of rural livelihoods. 11. New challenges and opportunities for rural development. 12. Economic liberalization and poverty in India. 13. Social welfare programmes and rural development in India. Bibliography.

The concept of rural development has changed significantly during the last few decades. Earlier rural development was synonymous with agricultural development and focused in creasing agricultural production. This focus seems to have been driven primarily by the interests of industrialization to extract surpluses from the agriculture sector to reinforce industrialization.

After implementation of new economic policy in 1991 the process of economic reforms was started by the government of India for taking the country out of economic difficulty and speeding up the development of the country specially. The center of economic reform has been liberalization privatization and globalization.

Since then the Indian economy has been exposed to economic liberalization and globalization in line with structural adjustment and stabilization policies initiated by IMF and World Bank. This analysis outlines the controversial shift in Indian economic policy from state oriented development that leaves decisions of production and distribution to be made by the market. This book critically examines the economic reforms that has taken place and how far it has succeeded in strengthening rural economy.