Structurl changes in landholdings viz-a-viz its impact on village economy – An empirical study in Andhra Pradesh

The Indian populations are living in village economy system, in which more than 90 per cent of the people are living on agriculture. In the process Liberalization, Privatization and Globalization (LPG) most of the MNCs (Multi- National Companies) have been entering with innovative products providing high quality and with sophisticated technology and the multi uses of the product, which are reaching every nuke and corner of the villages due to the recent developed road facilities in India. So that the village Scio-cultural needs, economy living conditions, etc., have also been tremendously changing. The agricultural cultivate systems have also changed, due to using sophisticated technological methods such as tractors, bulldozers, cranes, fertilizers, etc., which are adversely affecting the medium and small farmers as well as the agricultural laborers and their living conditions, which are also influencing on changing of the village economy day-by-day due to increasing the cost of labor, material, utilities, methods, practices, fertilizers, seeds, heavy loan burdens, etc., are the harmful situational factors of the village economy. Moreover, most of the Indian farmers are depending upon the natural rainfall and monsoons, which creates uncertainly conditions. Due to most of these reasons the farmers of the backward Telangana Region also un-favorably affecting in the village economy system and it leads suicide of the farmers.