NCERT Class 11 Economics Chapter 5 | Agriculture, Credit & Rural Development | UPSC Economy Series

Welcome to the UPSC CSE Foundation Series! In this session, we cover Class 11 Economics (Indian Economic Development) Chapter 5 – Rural Development, which forms the backbone of India’s inclusive growth and economic transformation. This chapter explores how agriculture, rural credit, infrastructure, and employment programs shape the livelihoods of India’s rural population — and how these are vital for UPSC GS Paper 3 and GS Paper 2. 🔍 What You’ll Learn in this Video: Meaning & Need for Rural Development Rural Credit System in India Role of Cooperatives and NABARD Agricultural Market Reforms (APMC, e-NAM) Diversification of Rural Economy (Agriculture → Allied Activities → Non-Farm Sectors) Microfinance and Self-Help Groups (SHGs) Rural Infrastructure – Roads, Power, Irrigation, Education & Health Government Schemes: MGNREGA, PMGSY, PMFBY, PM-KISAN Challenges & Future Policy Directions 📚 Why You Should Watch This Video: ✔️ Directly relevant for UPSC GS Paper 3 & GS Paper 2 ✔️ Links NCERT concepts with current government schemes ✔️ Strengthens understanding of inclusive growth and rural transformation ✔️ Updated with recent policy developments (NABARD, SHG movements, Digital Rural India) ✔️ Great for Essay & Interview preparation 🎯 Best For: UPSC CSE Aspirants (Prelims + Mains) Class 11 Economics Students College Students & UPSC Foundation Batch Learners Aspirants revising rural economy topics for GS & Essay