International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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GLOBALIZATION AND ITS IMPACT ON INDIAN RURAL AGRICULTURAL ECONOMY

    1 Author(s):  RUBY KAZMI

Vol -  5, Issue- 10 ,         Page(s) : 91 - 96  (2014 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Of the post-independence reforms that has achieved the most in terms of reducing poverty in India, land reforms get the winning prize. By suppressing intermediaries, simplifying and standardizing the system of tenancy, production relations were made more efficient and rural wages went up. But if they had actually redistributed the land - as opposed to preserving the nearly- feudal system plus incentives and subsidies for big land owners - they could have really eradicated one of the causes of poverty in India. On the other hand, you could argue that at least limited land reforms have served as a second-best solution.

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