Rural Industries and Entrepreneurship: Pathways to Employment, Economic Growth, and Poverty Alleviation

Abstract

The majority of the population in India lives in villages. The village is the backbone of the country. Village or rural industries play an important role in the national economy, particularly in rural development. Rural entrepreneurship is not only important as a means of generating employment opportunities in the rural areas with low capital cost and raising the real income of the people, but also for its contribution to the development of agriculture and urban industries. Rural entrepreneurship can be considered one of the solutions to reduce poverty, migration, economic disparity and unemployment and develop rural areas and backward regions.