Rural Development and Importance of Agriculture

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RURAL DEVELOPMENT AND THE IMPORTANCE OF AGRICULTURE
Introduction
Rural development and agriculture play a crucial role in the reduction of global poverty as well as food insecurity (Fischer, 30). The world bank asserts that three in every four people in developing nations live in the countryside. Therefore, they depend on agriculture either directly or indirectly to survive. Several studies reveal that the nature of its growth influences the impact of economic growth on poverty and hunger-reduction. For instance, whether growth is the industrial or rural-based economy (Fischer, 34). According to the World Bank analysis of India's data, for example, revealed that growth in the rural areas and agriculture sector had more significant impact on poverty reduction in comparison to growth in the urban and industrial sectors. Other studies that also investigated the relationship between growth and decline in hunger revealed similar results. The examples mentioned above tend to support development economists' conclusion that agriculture and rural development has a much more significant impact on poverty and hunger reduction in comparison to the growth of urban and industrial sectors.
Lessons About Rural Development and Importance of Agriculture
Agriculture plays a crucial role in the development of the rural sector as it aids in the eradication of poverty and hunger. According to the World Bank statistics, nearly three in every four people in developing nations live in the countryside (Acharya, 449). Therefore, the majority of the population depends on agriculture directly or indirectly to survive. Agriculture development makes a difference in the lives of over a billion people as it contributes to economic growth. The green revolution best illustrates how agriculture could be utilized to eradicate poverty and hunger in developing countries. One of the most prevalent problems in developing countries related to agriculture and rural development is the need to increase agricultural production to provide food for the expanding population. During the 1930s, there were fears that the world was facing a future in which the population grew faster than the food supply. As a result, it contributed to the green revolution, which led to research and development projects aimed at increasing agricultural production around the world. As a consequence, India changed its status from a food deficient country to one of the leading agricultural producers in the world (Acharya, 450)
The green revolution entailed the utilization of three methods, and they included; the expansion of farming areas, doubling of the yields in the existing farmlands, and usage of seeds with improved genetics. As a consequence, India increased its returns, but there were several shortcomings to the initiative as the output sometimes failed to meet the demand. Consequently, in ...