Rural Development test - 3

Self help group started in 1992

It is introduced in 1992.

Rural development is the process of improving the quality of life and economic well-being of people living in rural areas, often relatively isolated and sparsely populated areas.

Short-term credit need relates basically to the purchase of inputs.

Since the inception of economic reforms, Indian economy has achieved a remarkable rate of growth. This fantabulous performance, to a large extent, was driven by service sector and improvements in the secondary sector. However, this growth process bypassed the agricultural sector, which showed sharp deceleration in the growth rate (3.62 percent during 1984/85 - 1995/96 to 1.97 percent in 1995/96 – 2004/05).

Kerala, Maharashtra, Gujarat and Tamil Nadu are the principal fisheries states in India .

The MSP is announced by the Government of India for 25 crops currently at the beginning of each season viz. Rabi and Kharif. 

Longer-term agricultural financing is needed for longer-term investments such as better storage facilities, food/commodity processing facilities and equipment/mechanization.

India is a major supplier of fish in the world. Fish production from inland sources contributes about 49 percent to the total fish production and the balance 51 percent from main sector.

Agricultural marketing includes all these processes between harvesting and final sale of the produce by the farmers.