Agrarian Reform in India had been adopted to reallocate the agricultural resources among all the people directly connected with agriculture. After independence, the Government of India started the process of building equity in rural population and improvement of the employment rate and productivity. So for this reason the Government had started agrarian reform.
Reasons Behind Agrarian reform:
Since India had been under several rulers for a long time, i.e right from the beginning of the middle age, that's why it's rural economic policies kept changing. The main focus of those policies was to earn more money by exploiting the poor farmers.
In the British period the scenario had not changed much. The British Government introduced the "Zamindari" system where the the authority of land had been captured by some big and rich landowners called Zamindar. Moreover they created an intermediate class to collect tax easily.
This class had no direct relationship with agriculture or land. Those Zamindars could acquire land from the British Government almost free of cost. So the economic security of the poor peasants lost completely. After independence, the Government's main focus was to remove those intermediate classes and secure a proper land management system. Since India is a large country, the redistribution process was a big challenge for the Government.
The United States’ “pivot to Asia” has been intensely discussed over the last years. But recently, a new pivot model has come up: the Russian Federation’s pivot to Asia. This article analyzes this topic from an economic perspective by asking: Is the Russian economy really about to shift its focus thus far centered on the European Union (EU) to Asia?
The following events have been heating up this discussion:
Eric J. Gleacher Distinguished Service Professor of Finance at the Booth School of Business at the University of Chicago. IMF’s Chief Economist from September 2003 to January 2007. Inaugural recipient of the Fischer Black Prize.
Professor of Economics & Director of the Earth Institute at Columbia University. Special Adviser to the UN Secretary-General on the Millennium Development Goals. Founder & co-President of the Millennium Promise Alliance.