Transformation of the countryside from agrarian subsistence economy to non-farm monetised economy is propagated as a precursor of growth and development and involves shifting of labour from farming to off-farm activities. India has started its journey in this path but has a long way to go....

The paper examines the appropriate domain of the Welfare State by exploring the areas in which free enterprise fails to provide adequate welfare state services. The paper outlines a simple coherent strategy for formulating government welfare state policy by identifying the relevant market...