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Rural Transformation in India: The Impact of Globalisation

A. Vinayak Reddy (Editor) G. Bhaskar (Editor)
Synopsis Emergence of WTO and the series of deliberations under Uruguay round have changed the world economic order. Indian Government has shelved the earlier protectionist policies and opened up the economy to the world market. Undoubtedly, this has helped the Indian economy to recoup its strength with the flow of international capital and technology resulting in a robust economic position. The economy is moving steadily with more than 6 per cent DGP growth rate for the last two decades or so. However, the new economic order has posed severe challenges to the agricultural and rural sectors of the economy. The biased attitude of the Government towards service and industrial sectors has relegated agriculture to the backdrop. Agricultural operations have become highly cost-prone. Commercialization and capitalization of agriculture has increased the debt burden of the small and marginal farmers who have meager access to institutional credit. The process of globalisation has adversely affected the rural artisans too. Lack of demand for the traditional rural industries, flow of foreign goods, high-tech production processes have resulted in large-scale unemployment. The present book attempts to highlight the challenges posed by globalisation to the agriculture sector and rural development efforts and the consequent impact on rural poverty, food security and employment situation. Macro and micro level observations on the above issues dealt with in this book will give valuable insight into current issues and problems related to rural economy of India.
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About the authors

A. Vinayak Reddy

Dr. A. Vinayak Reddy (b. 1955) is currently teaching in the Deptt. of Economics, Art and Science College, Kakatiya University, Warangal. His subjects of specialisation are Agricultural Economics, Development Economics and Rural Development. He is a member of Indian Economics Association, Indian Society of Agricultural Economics, All Indian Labour Economics Association and A.P. Economics Association.

G. Bhaskar

Dr. G. Bhaskar, M.a., M.Phil. Ph.D. in economics is working as Associate Professor in the Department of Economics, Kakatiya University, Warangal, Andhra Pradesh. His doctorate in 1991 was based on Trends in Rural Poverty. His areas of Specialization include environmental economics and economics of development. He has completed three research projects and published 21 papers. He is a founder member of a number of voluntary organisations such as STRESS, SIRI, SRI, SAI. He is also a life member of Indian Economics Association, Indian Society of Labour Economics and A.P. Economics Association.

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Bibliographic information

Title Rural Transformation in India: The Impact of Globalisation
Format Hardcover
Date published: 01.01.2005
Edition 1st ed.
Language: English
isbn 8177080865
length xviii+397p., Tables; Notes; References; 23cm.