Economic system of rural India

Economics

The study talks about the state of rural economy in India. It focuses on various sectors associated with it in India such as agriculture, industry, services, health and education, digital penetration, environmental activities etc. Each sector has been studied very deeply from past (history) to the present to the future. All possible aspects are being covered. Recently COVID 19 has also impacted the rural economy in both positive and negative ways in both long and short run. Traditionally agriculture has been called the basic culture and identity of rural india. It's like the backbone and blood of Indian village economy for centuries. But in recent decades a small shift has been seen in the trend. Slowly the village economy is getting more diversified from Its concentrated nature. Secondary and tertiary sectors are also gaining importance in the rural economy. Gradually the share of these sectors is improving in the village economy. Digitalisation and environmental impact assessment is a very recently added indicator of rural economic progress. Digital needs arise because of technological advancement. It creates efficiency in the work environment. Now It has become the basic needs and rights of all individuals. Environmental issues have created a very challenging situation for mankind. However mankind itself is responsible for such challenges. Environmental factors highlight the net positive Or negative Or no impact on the environment due to economic activity. Government schemes available on all possible aspects are also being highlighted along with Its challenges.

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