Synopsis India has a vast pool of rural entrepreneurial talent. Credit flow towards agricultural and allied sectors holds the hope of reversing migration and bringing prosperity. Economic growth requires an improvement in regional balance, it is essential that the government goes slow on its economic reforms programme and plays an active intervention policy in the economic life of the country. There is a need for investment in second Green Revolution from the public and private sectors. Decentralised approach and sound planning are a must. Agro-processing, development of livestock sector and fisheries development would add to the job opportunities in the rural sector.