DRIVING PROSPERITY: EXPLORING THE INTERPLAY BETWEEN ECONOMIC REFORMS AND POVERTY ALLEVIATION IN INDIA Dr. G. YOGANANDHAM, Professor & Head, Department of Economics, Director – Centre for Knowledge, Thiruvalluvar University ( A State University), Serkkadu, Katpadi Taluk, Vellore Distract, Tamil Nadu, India – 632 115. Abstract India's economic landscape has witnessed significant transformations over the past few decades, characterized by a series of economic reforms aimed at liberalization, privatization, and globalization. This paper offers a comprehensive analysis of the relationship between these economic reforms and poverty alleviation in India. It explores the multifaceted dynamics between policy interventions, economic growth, income distribution, and poverty reduction strategies. Drawing upon a wide range of empirical studies, statistical data, and theoretical frameworks, the paper examines the impact of economic reforms on various dimensions of poverty, including income poverty, multidimensional poverty, and regional disparities. It delves into the complexities of India's poverty landscape, considering factors such as rural-urban divide, caste and gender disparities, and access to basic services. Furthermore, the paper evaluates the effectiveness of poverty alleviation programs and social safety nets implemented alongside economic reforms, such as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), targeted subsidy schemes, and financial inclusion initiatives. It assesses their contributions to enhancing livelihood opportunities, improving human development indicators, and fostering inclusive growth. The analysis also addresses potential challenges and limitations associated with India's poverty alleviation efforts within the context of economic reforms, including issues of corruption, bureaucratic inefficiencies, and inadequate social infrastructure. Moreover, it explores emerging trends and future prospects for sustainable poverty reduction strategies in the evolving economic landscape of India. Overall, this paper provides valuable insights into the intricate interplay between economic reforms and poverty alleviation in India, offering policymakers, researchers, and development practitioners a comprehensive understanding of the opportunities and challenges in addressing poverty amidst ongoing economic transformations.The method uses statistics and secondary data for subject matter analysis, highlighting the importance of the current political, economic, and social contexts. Keywords: Economic Reforms, Poverty Alleviation, Regional Disparities, Gender Disparities, Financial Inclusion, Inclusive Growth, Corruption, and Sustainable Poverty Reduction Science, Technology and Development Volume XIII Issue III MARCH 2024 ISSN : 0950-0707 Page No : 62