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how to improve rural economy
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1
Answer:
Here some points to improve rural economy
Explanation:
The “areas of opportunity” - tourism, forestry, renewable energy and local foods - are sectors well positioned to boost local economic opportunities in rural areas. Forestry policy is considered to be an integral part of rural development
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Explanation:
Efficacy of rural development schemes to depend upon implementation: Report
It also called for renewed efforts by various nations to deal with the challenges facing the rural economy across the globe.
NEW DELHI: India has taken various measures to bolster the rural economy but the efficacy of the schemes would depend upon their implementation, the Global Food Policy Report said.
The report further said the prospects for rural development are encouraging in the current year and hoped that the general elections will increase attention to rural areas where the majority of voters live.
"Policy decisions in India have significant spillover effects on policy developments in other countries of the region," it added.
It also called for renewed efforts by various nations to deal with the challenges facing the rural economy across the globe.
"India, home to 70 per cent of the region's rural population, has unveiled a number of measures to bolster the rural economy. The government will maintain minimum support prices for major crops (25 at present) equal to at least 1.5 times their production costs.
"The efficacy of this policy will depend on the extent of implementation, as government procurement has been largely restricted to rice, wheat, sugarcane, and cotton. Further, this policy risks creating barriers to private sector entry into agricultural markets," said the 2019 Global Food Policy Report (GFPR) released by the International Food Policy Research Institute (IFPRI) in Washington.
Other government measures to boost India's rural economy and improve rural livelihoods include development of cluster-based specialised farming, promotion of organic farming, support for farmers' organisations, extension of farmer credit to fisheries and animal husbandry .♤♡◇♧
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