सोमवार, 28 दिसंबर 2009

INCLUSIVE GROWTH AND RURAL INDIA

There is need to make growth ”more inclusive” in terms of benefit flowing through more employment and income to those sections of society which have been bypassed by higher rate of economic growth witnessed in recent year। Indian economy is a rural economy with 6.3 million villages in comparison of 5161 cities. A large section of the total population about 72% living in village and this large section is excluding by the present growth process.
True inclusive development would mean that even the poorest Indians get a chance to move into the modern high productivity sectors. In recent, report of Saxsena committee reflects 50% rural population is bellow poverty line and according to Arjun sen gupta`s analysis it is 70%.These poor Indians are rural and directly dependent on agricultural sector for their livelihood because according to NSSO data (2006-07) 56 percent of total workforce and 63.9%of the rural workforce are still dependent on agriculture. Thus it is clear that inclusive growth can be obtained and sustained by jump starting agricultural growth to accelerate 4% per annum.
But Indian agriculture growth is showing decelerating trend and it is bellow 3% per annum. It was 2.6% per annum in 1991-96 reign and 2.4% per annum in 1996-2004 reign. In 2008-09 it declared to 1.6%. Formers are committing suicide because of maintaining burden of debts, failures of credit, insurance and procurement delivery mechanism and agencies ( Diwaker 2007). This is a matter of serious concern because in the ultimate analysis agriculture holds the key to the over all socio-economic development of nation. So the target of 11th 5 year plan to access faster and more inclusive growth can be achieved only by facing the agrarian and rural challenges.

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