ENTREPRENEURSHIP IN INDIA-THE WAY FORWARD TO REINVENTING AGRICULTURE LABOUR MARKET


Dr. K. Malathi, Chris Ann Tomy
Department of Economics, University of Madras, Chennai-600 005, Tamil Nadu
Abstract
The latest labour data reveals that urban employment is comparatively higher in India than rural unemployment. This is attributed to increased rural-to-urban migration which has increased the employment load on urban centres. A review of past literature shows that growth in rural areas is important for the economy’s holistic development. Studying secondary sources of labour data also shows that Lewis's theory does not apply to India since the manufacturing sector did not drive much growth. In some instances, migrants returned to farming due to a lack of jobs in urban manufacturing centres. It was the service sector that drove much of the growth in the economy but in terms of employment, it was agriculture that still employed the most. Services cannot hire more labour since they incorporate more technology per labourer. This restricts the role services can have in creating employment. This paper argues for the resumption of the agriculture sector by encouraging entrepreneurship among the farming community through the value addition of agri products.
Keywords: Rural Sector, Agri Labour, Entrepreneurship, Sustainable Development Goal 8.
Journal Name :
EPRA International Journal of Agriculture and Rural Economic Research (ARER)

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Published on : 2025-05-01

Vol : 13
Issue : 4
Month : April
Year : 2025
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