Institutional reforms, policies and investments are the key factors that will help India in a speedy and inclusive rural transformation, the United Nations' body on food and agriculture said in a report today.<br/><br/>Poverty in the Asia Pacific region is largely a rural phenomenon and economic growth alone is not enough to eliminate it, said the Rural Development Report 2016 released by the International Fund for Agricultural Development (IFAD).<br/><br/>It said that the cases of China, India the Philippines and Vietnam show that policies, institutions, and investments are key to determining the speed and inclusiveness of rural transformation. In each country, land reform, basic investments in rural areas and other sectoral policies have been decisive factors.<br/><br/>For the Asia Pacific region (APR), it said labour intensive manufacturing will remain an important source of inclusive employment growth in many countries. However, strengthening of the agriculture-based rural non-farm economy will be central to the structural and rural transformation that draws the rural poor into mainstream.