Micro Level Analysis of Wage and Self-employment Schemes in Rural Kashmir, Jammu and Kashmir, India

Abstract

A poverty eradication and employment creation have been central objectives of planners and policymakers in developing countries like India. As a backdrop, a significant number of schemes were created to generate employment and foster long-term economic growth. This article examines the influence of employment initiatives on employment generation and economic upliftment in rural area of Kashmir. Both primary and secondary data sources are employed in this study. The data was analyzed by using a log-linear regression model and correlation analysis. Knowledge Index was used to determine respondents’ awareness of employment programs. The findings indicate a linkage between the amount of money spent and the creation of employment opportunities. The findings also demonstrate that changes in people’s income have the major impact on family expenditure, hospital and medical costs, children’s education, and household savings. Finally, the study concluded that increasing employment days and rural credit will result in more revenue in people’s hands and improved economic empowerment.