IMPACT OF ECONOMIC REFORMS AND GROWTH IN INDIA ON RURAL EMPLOYMENT-AN ANALYSIS

Abstract

Growth of an economy trickles down to the lowest level entity which may be considered as village. Growth is not an end in itself but the means to an end. Economic growth leads to several changes in rural areas. It should result in lower incidence of poverty, improvements in health outcomes, universal access to school education, increased access to higher education, better opportunities for both wage employment, livelihoods and improvements in provision of basic amenities and improving the socio-economic conditions of marginalized groups. Economic growth is the increase in the real output of the country in a particular span of time. The spatial composition f growth reflected in terms of a rural development disparity motivates people to shift to areas with better prospects. As total poverty is a weighted average of rural specific poverty ratios, the net effect of population mobility on poverty depends on the changes in its rural components. Alleviation of poverty in rural areas has been the main agenda since Independence. In all Five-Year Plans particularly during Fifth-Five Year Plan period importance had been given to reduction in poverty, provision of other basic needs and equitable development. Notable achievement took place during the post-reform period and has done well in economic growth. However, still has been rural areas have been facing problems like poverty, low agricultural growth, low quality employment growth. This paper focuses on the impact of reforms and growth on rural employment. KEYWORDS: Economic Growth, Economic Reforms, Poverty, Employmnt, Equitable Development.