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Uncertainty in the Process of the Economic Development of Downtrodden: A Case Study of a Village in Southern India.
The empirical study is focused on a region, which is generally associated with the development of cooperative farming, on the assumption that any proposition that could be proved for this area is likely to hold for other regions undergoing similar processes of change. This study examines `the uncert...
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| Format: | Journal Article |
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MAN AND DEVELOPMENT
2011
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| Summary: | The empirical study is focused on a region, which is generally associated with the development of cooperative farming, on the assumption that any proposition that could be proved for this area is likely to hold for other regions undergoing similar processes of change. This study examines `the uncertainty in the process of economic development of the poor peasants‘ in Chittoor district of Rayalaseema region in Andhra Pradesh (AP). A Non Government Development Organization (NGDO) facilitated a group of SC and a few BC farmers to take up sericulture activity by providing irrigation, finance and other infrastructure facilities, which resulted in significant changes in the socio-economic development of the sample HHs. However, this trend did not last long as the disturbances started with the introduction of a new economic policy by the government. During this regime the input cost has increased and the returns have declined due to a fall in the price of silk cocoons (because China started dumping rawsilk), which made the beneficiaries borrow from money lenders to meet their consumption expenditure and they could not repay the debt as the vicious circle started operating in the village. Therefore, the paper concludes that the developmental agencies need to think several times before implementing any development programme because the programme needs to be sustainable. |
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| Physical Description: | Volume 33, No.3 September 2011 |