1. Rural Development Presented By Dr Seba Mohanty

2. Rural Development The Process of improving the quality of all human lives and capabilities by raising peoples' levels of living, self esteem, and freedom

3. Ratio of Rural and Urban Population in India

4. Why Rural Development Majority of the people live in Rural area Agriculture is the major source of Livelihood

5. “Mahatma Gandhi once said that the real progress of India did not mean simply the growth and expansion of industrial urban centres but mainly the development of the villages”

6. Rural Development Rural development is a strategy designed to improve the economic and social life of rural poor.

7. Rural Development is all about bringing change among rural community from the traditional way of living to progressive way of living. It is also expressed as a movement for progress.

8. Objectives Of Rural Development. 1. To develop farm, home, public service and village community. 2. To bring improvement in producing of crops and animals living condition. 3. To improve health and education condition etc. improvement of the rural people. 4. To improve villagers with their own efforts. 5. To improve village communication.

9. Challenges Development of Human resources Literacy, more specifically, female literacy, education, skill development, health Development of the productive resources of each locality Infrastructure development Poverty Alleviation

10. Crucial Aspect of Rural India Credit and marketing systems Agricultural diversification The role of organic farming in promoting sustainable development.

11. Rural Credits Short Term Credit: Loan ranges from 6 to 15 months. To buy seeds, tools, fertilizers etc. Medium term Credit: Loan Ranges from 15 months to 5 years. To buy machines, equipments, digging well etc. Long term Credit: Loan ranges between 5 to 20 years. To buy tractors, land, heavy machines and equipments etc.

12. Purpose of Credit According to purpose: Productive purpose: This credit is required to enhance agricultural production Unproductive Purpose: This credit is required to meet social obligations.

13. Sources of rural credit  Non Institutional Sources Moneylenders Landlords Relatives  Institutional Sources Cooperative Credit Societies Commercial Banks Regional Rural Banks National Bank for Agricultural and Rural Development(NABARD) Micro Credit Programme

14. Rural Banking — a Critical Appraisal Failed to develop a culture of deposit mobilization Loan default rates are very high In recent years, all the adults are encouraged to open bank accounts as a part of a scheme known as Jan Dhan Yojana

15. Jan Dhan Yojana Sukhasya Moolam Dharma, Dharmasya Moolam Artha, Arthasya Moolam Rajyam- Shri Narendra Modi One basic savings bank account is opened for unbanked person. There is no requirement to maintain any minimum balance in PMJDY accounts. Interest is earned on the deposit in PMJDY accounts.

16. Continue…. Rupay Debit card is provided to PMJDY account holder. Accident Insurance Cover of Rs.1 lakh (enhanced to Rs. 2 lakh to new PMJDY accounts opened after 28.8.2018) is available with RuPay card issued to the PMJDY account holders. An overdraft (OD) facility up to Rs. 10,000 to eligible account holders is available.