Introduction Rural India has always been the backbone of the country’s economy, with over 65% of the population still living in villages and depending heavily on agriculture and allied sectors for survival. However, rural livelihoods have historically been constrained by issues such as low agricultural productivity, lack of alternative employment opportunities, poor access to markets,…
Introduction The COVID-19 pandemic posed an unprecedented challenge to global economies, and India was no exception. As the world grappled with the crisis, India’s economy witnessed a historic downturn in 2020. However, in the wake of these hardships, the country embarked on a road to recovery, with various measures taken by the government to bolster…
Introduction India embarked on a new economic trajectory in 1991 with the adoption of liberalization, privatization, and globalization (LPG) reforms. These reforms marked a structural shift from a predominantly state-controlled economy to a more market-oriented system. The intent was to boost growth, attract foreign investment, improve efficiency, and integrate India with the global economy. Over…