Summary Effect of Privatisation on Rural Economy in India
6 views 0 purchase
Course
Finance
Institution
Indian Institute Of Management
Privatization in India has had a significant impact on the rural economy. The introduction of private investment and management in various sectors such as agriculture, infrastructure, and services has led to increased efficiency, modernization, and technological advancement. This has resulted in im...
Privatization refers to the transfer of ownership and control of public assets or
services to private entities. The effects of privatization on the rural economy in
India have been both positive and negative, depending on various factors
such as the sector, the level of development, and the policies.
One of the main positive effects of privatization on the rural economy in India
has been the increase in investment and efficiency in the agricultural sector.
Privatization has led to the entry of private sector players in the agriculture
and food processing industries, which has resulted in the adoption of modern
technologies, practices, and standards. This has increased productivity,
reduced wastage, and improved the quality of agricultural products, leading to
better prices and incomes for rural farmers.
Moreover, privatization has also led to the growth of agribusinesses and food
processing industries, which has created employment opportunities for rural
communities. This has helped to reduce poverty and increase rural incomes,
particularly in areas with high agricultural potential.
Another positive effect of privatization on the rural economy in India has been
the improvement of infrastructure and services in rural areas. Privatization of
rural electrification, for example, has led to the expansion of electricity access
to rural areas, which has enabled the growth of rural industries and improved
the quality of life for rural communities. Similarly, the privatization of rural
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller akash16. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.49. You're not tied to anything after your purchase.
