
International Journal For Multidisciplinary Research
E-ISSN: 2582-2160
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A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal
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Volume 7 Issue 4
July-August 2025
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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 |
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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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E-ISSN 2582-2160

CrossRef DOI is assigned to each research paper published in our journal.
IJFMR DOI prefix is
10.36948/ijfmr
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