International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 4 (July-August 2025) Submit your research before last 3 days of August to publish your research paper in the issue of July-August.

Drivers of Rural Transformation in India: An Empirical Analysis of Economic Growth, Poverty Reduction, and Urbanization (2010-2020)

Author(s) Mr. ANURAG VIKRAM SINGH, Dr. SHILPA SREE R, Mr. DINESH KUMAR, Mr. PRADEEP AGRAWAL
Country India
Abstract This research empirically investigates drivers of rural transformation in India during the period 2010-2020, specifically the contributions of economic growth, poverty reduction, and urbanization. In an application of Principal Component Analysis (PCA), the research derives a composite Rural Transformation Index (RTI) to reflect complex development outcomes. In an application of an Autoregressive Distributed Lag (ARDL) model, this research investigates short-run relationships between GDP per capita (GDPPC), Headcount Poverty Ratio (HPR), and Urbanization Rate (URB). Findings reveal that GDPPC contributes most strongly positively toward RTI (β = 0.82), followed by poverty reduction (β = -0.75 for HPR), while urbanization has moderate spillover effects (β = 0.31). The results reflect the critical need for growth-centered policies, targeted poverty reduction programs, and improved rural-urban connectivity for rural transformation in a sustainable manner.
Keywords Rural transformation, Economic growth, Poverty reduction, Urbanization, PCA, ARDL model, India
Field Sociology > Economics
Published In Volume 7, Issue 4, July-August 2025
Published On 2025-08-04

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