Non-Farm Sector and Rural Transformation

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The nature and performance of rural economy has been changing in every country through diversification of activities on the one hand and increasing employment and income generation on the other. The farm and non-farm sectors are the two important constituents of the rural economy. Rural non-farm sector (RNNFS) in India has been gaining prominence in the rural areas over time and it is becoming more and more diversified. RNFS is regarded as the critical component of rural transformation in India, given the failure of the industrialization-led development strategies of 1950s to trickledown to the rural poor. The latter failed most obviously in their inability to absorb rural labour into the process of industrialization. RNFS includes all economic activities viz., household and non-household manufacturing, construction, handicrafts, processing, repairs, mining and quarrying, fishing, transport, trade, communication, community and personal services etc. in rural areas. Rural non-farm activities, thus, play an important role to provide supplementary employment to small and marginal farm household, reduce income inequalities and rural-urban migration.

However, absence of appropriate forward and backward linkages affect the performance of non-farm activities in rural areas. Low accessibility of market, poor infrastructure, support service weaknesses and intervention of the middlemen are impediments to the development of non-farm sector in the country.

ABOUT THE AUTHOR Anil Kumar Thakur

Dr. Anil Kumar thakur, M.A. M.Ed., Ph. D., is a senior faculty member in the Post Graduate Department of Applied Economics and Commerce at College of Commerce, Patna under Magadh  University.  Many research scholars have obtained Ph. D. degrees under his guidance and supervision. Thakur has excelled himself in several areas of Economic Policy and Fiscal Management of the Indian Economy.  He has also edited more than forty books/journals/souvenirs.  Thakur is a matured organizer and architect of Indian Economic Association.  He is the youngest Honorary Secretary and Treasurer of Indian Economic Association.  He has founded the Economic Association of Bihar and Jharkhand and remained its Founder Secretary for more than ten years.He is a signature of Indian Economic Association and many organizations of Bihar and India.  Thakur is the vanguard of young professional economists living in far-flung rural remote areas to inspire and encourage them to write articles and books.

ABOUT THE AUTHOR S M Jawed Akhtar

Dr. S.M. Jawed Akhtar is currently an Associate Professor in the Department of Economics,.Aligarh Muslim University, Aligarh. He was awarded Gold Medals for securing first position at B.A. (Hons.) and M.A. (Economics) Examinations of the same university. He has to his credit a number of research papers and articles published in reputed national and international journals.

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Bibliographic information

Title
Non-Farm Sector and Rural Transformation
Author
Edition
1st. ed.
Publisher
ISBN
9788184504316
Length
xviii+658., Figures; Tables.
Subjects