GLOBAL INSIGHTS, LOCAL IMPACT: RURAL ENTREPRENEURSHIP ADDRESSING INCOME INEQUALITIES, AND WEALTH DISTRIBUTION IN INDIA

Abstract

Rural entrepreneurship addresses income inequality and wealth redistribution worldwide. It aids in generating employment and income sources for local populace. The study evaluates factors impacting rural entrepreneurship and results. The aim of findings is to formulate fair and inclusive economic policies. Income disparity emanates from earnings gaps across various social sectors. Such gaps restrict populace from accessing adequate educational facilities and crucial services. Disparity structure social standing apart from impacting community welfare globally. Formulation of effective policies aid in supporting rural entrepreneurship and curtail inequalities. Wealth distribution divides assets and financial resources among different socioeconomic groups. It contributes to economic imbalances and directly influencing social mobility. Addressing income disparities and enhancing wealth distribution remains essential in rural areas. Rural enterprises generate local employment, income, and equitable wealth distribution within communities. They empower marginalized populations, promote inclusivity, and strengthen resilience in rural economies. Areas overlooked by urban-focused strategies benefit significantly from thriving rural businesses. The study utilizes a mixed-methods approach. It combines qualitative and quantitative analytical techniques. Researchers employ comparative analysis methods to gauge income inequalities. They also use statistical techniques to comprehend income inequality at various levels. The study endeavours to measures rural entrepreneurship's influence on employment opportunities. It emphasises rural economic growth and inclusivity. Policy frameworks support in enhancement of resource access for rural entrepreneurs. They attempt to enhance market opportunities efficiently. Equitable education fortifies rural enterprises. Skill development among rural populace promotes endurable business capacity. Stakeholder partnership helps in implementation of policy. It facilitates geographically customised strategies.