( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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CRISIS OF RURAL ECONOMY: A FIELD STUDY OF RAMANAGARA DISTRICT

    1 Author(s):  RAVEESH S.

Vol -  10, Issue- 2 ,         Page(s) : 56 - 66  (2019 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

‘Currency’ is the major ‘exchange’ medium in modern economy and ‘money’ is replacing all other traditional exchange systems in rural India. Though the swagger of traditional exchange is not completely vanished, money is leading the exchange process in rural area. The consumption pattern of rural community is under rapid change and consumable products which are there in the basket of ‘consumption’ are increasing day by day. But, in one hand, the major proportion of products which are there in the basket of consumable products are producing outside the border of village. On the other hand, the changing consumption requirements are not at all fulfilled within the boundary of village. The chain which links production and consumption i.e. exchange has to transform according to the market trend. But the main livelihood source of rural community i.e. agriculture is in threat. Due to the non-sustainable nature of rural area, rural economy is in crisis.

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