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Synopsis Business environment in India is changing fast, bringing new opportunities as well as posing challenges, economic liberalization and globalisation have created keen interest in foreign investors, resulting in comfortable foreign currency reserves, stability of Indian Rupee, vibrant stock market and expanding financial and services sector. However, the operations of multinational corporation and policies of WTO pose threats to some sectors of the Indian economy, especially to small and medium industries and agriculture. The present work in two volumes contains articles on issues crucial to the contemporary business and economy in India. The book in two volumes contains 25 articles which have been orginsed into seven theme titles. Each theme title consists of papers contributed by scholars in their respective fields of specilisation. These articles replicate, verify and comprehend the procedures and results of investigations carried out by the contributors on issues of common interest. The book highlights the challenges posed by globalisation to the agricultural sector and rural development efforts and the consequent impact on rural poverty, food security and employment opportunities. Macro and micro level observations on the above issues made in this book will give valuable insight into current issues and problems related to rural economy of India. The work is of topical interest as it covers major areas of concern with regard to globalisation and its impact n agriculture, rural industries and employment. The editors have made sincere efforts to bring out a comprehensive volume to highlight latent issues for debate among policy makers and academicians.