Nabard worsening conditions of india's rural economy with falling income and reduced employment insights on india
Answers
These problems can be addressed in the following ways.
(1) Villages are backbone of India. They contribute about 46% of the net domestic product of the country and employ 70% of the country's workforce.
(2) It is very important to ensure that farmers incomes rises. At the same time, it is also essential to raise the overall rural income. This can be done by reducing the over-dependence of the rural population of India on agriculture based work as an income source .
(3) A correct approach needs to be adopted for increasing industrial and services sector growth and infrastructure development in the rural areas.
(4) We have to provide working skills to the rural workforce so that can enable them to get jobs in the non-agricultural sector. It is also equally important as the rest of the points.