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Synopsis India virtually lives in its villages and rural development holds a key position in the hierarchy of its developmental goals, The rural economy of India presents unbounded challenges relating to its development and growth. If India’s economic liberalization initiatives haven’t delivered the desired goals; it is because they have largely excluded over 700 million people who live in rural India. Economically empowering India’s rural population will have a significant impact on India’s economic growth. The problems widespread poverty, growing inequality, rapid population growth and rising unemployment all find their origins in the stagnation of economic life in rural areas. There can be no national development without rural development. This book provides a realistic picture of Indian rural economy. It is bound to benefit social scientists, planners, rural technologists, academicians, teachers and all those interested to learn about the economic status of Indian villages.