Different strategies of Rural development and its need:

• Rural areas cannot remain insulated from this economy-wide transformation. They transform with rising productivity in agriculture, increasing commercialization and marketable surpluses, and diversification towards high-value agriculture and also towards off-farm employment through the development of Agri value-chains.
• Rural transformation, on its own, may not be as effective in reducing poverty unless it is made inclusive.
• Agricultural development is the key part of this inclusiveness within the overall rural transformation, as a majority of the working force in most of the countries at low/moderate levels of rural transformation are still engaged in agriculture. In terms of overall economy-wide structural transformation, agriculture accounts for less than 18% of GDP.
• Policies need to be inclusive and must bring poor, and often marginalized, rural people into the economic mainstream so that rural development is socially, economically and environmentally sustainable Agriculture remains vital for economic development regardless of the stage of structural transformation.
• A good price incentive can trigger investments in agriculture, leading to productivity gains, increases in real farm wages, and thus fall in poverty. As India moves forward, with the overall GDP likely to grow at 7-8% per annum until 2030, the share of agriculture in GDP will fall further.
• But to keep the rural transformation more inclusive for faster poverty elimination, India will have to not only focus on raising productivity in agriculture through higher R&D (seeds) and irrigation but also move fast to build value-chains for high-value agri-products like livestock and horticulture, which account for more than half of value of agriculture (cereals account for less than 20%).
• Also, in health and education to have inclusive rural transformation. If India can do it, and do it efficiently and in a participatory mode, it can certainly hope to eliminate not just poverty, but also malnutrition by 2030 and bring about inclusive rural development.