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Effects of Economic Reforms on Poverty

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Abstract:

Indian economy is depends upon agriculture. However, agricultural sector does not provide full time jobs to total population. About 69 % of population depends upon the agricultural sector. It's contributes about 16.1 % in the GDP. Since 1991 Indian economy is changing very fast. In 1990-91 per capita incomewas Rs. 11,535 it is increased to Rs. 41,129 in 2010-11. The house hold saving was Rs. 1,04,789 in 1990-91 it is increased to 12,61,332 in 2010-11. FDI was 18 billion US $, it is increased to 245 billion US $ n 2010-11.

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