The Ministry of Agro and Rural Industries (MoARI) in India was established in September, 2001 with the aim to develop the Rural Industries in the Indian Economy. The main objectives of this initiative were to ameliorate the supply chain management, upgrade skills, introduce innovative technologies and expand markets of the entrepreneurs and artisans. A wide range of programs, schemes, projects and policies have been formulated to carry out various activities in the rural sector in India. Also, the Government of India has also ensured employment generation program in the rural regions under Rural Employment Generation Program (REGP) and the Prime Minister's Rozgar Yojana (PMRY) in association with of State Governments, Reserve Bank of India (RBI) and other banks.
Major sectors in Rural Economy of India
Rubber is one of the significant commercial crops in India. Rubber Industry in India has accounted for a production of 6.49 lakh tons for the year 2006. Places in India where rubber is cultivated include areas of southwest Konkan and Malabar Coast in Kerala and in some areas of Tamil Nadu.
a.Fisheries in Rural India
The fish production rate in India has witnessed a remarkable growth since 1995-96. The National Program of Developing Fish Seeds, Fish Farmers' Development Agencies and Brackish Water Fish Farmers' Development Agencies have been the major contributors to the growth in fisheries in rural India. A diversified range of fishing methods along with processed fish products have been introduced in the Indian rural market through an Integrated Fisheries Project. b.Poultry Business in India
Poultry Business is one of the major contributors to the growing economy of rural and semi-urban India. India has witnessed a remarkable growth in the egg and poultry meat industry in the recent period. States of Andhra Pradesh, Karnataka, Kerala and Tamil Nadu contribute to around 45 percent of the total egg production...