Rural areas are the foundation stone of society upon which the future of culture stands. As the modernization is spreading rapidly, the rural areas are losing their charm and identity. Rural sector is striving for its recognition in the mirage of modernity. The present research is aimed to investigate the major issues faced by the rural regions in context of development and the entrepreneurial opportunities as one of the remedies to overcome from these issues with a special reference of Uttarakhand state in India. The rural facet of Uttarakhand is facing numerous development challenges viz., persistent inequalities, insufficient job creation, forced out migration, unplanned urbanization, insufficient access to healthcare and educational opportunities, environmental challenges, Ghost villages and last but not the least a challenge of identity loss. The prime focus of this research work is on the scope of having ample avenues to get rid from these challenges. The study was grounded on satisfactory review of literature. The study has explored solar energy, home stay, mother poultry unit, mushroom production, honey making, keenu production etc. as the remedies in the form of self-employment opportunities to crack the race of development with urbanity. It was identified that purity vests in rural region and this sector has enough capabilities to cope up with development challenges faced by it. In the Uttarakhand context, the present study has tried to find out the solution of these problems. The intense review of literature led the study for identifying host villages, entrepreneurial opportunities and reverse migration as the successful weapons which can help rural areas to lead in the race of development and these can also be a medium for the promotion of state in the map of India. The researcher’s hypothesis was that there is a lot of scope in Uttarakhand for the development of rural sector which will help in the economic development of state too. The researcher has used his personal experience, observation, knowledge and secondary data for the successful completion of this research. Researcher had gone through the literature review and found the hypothesis true. Opportunities for development are immense in this state be it nature, wildlife, adventure and pilgrimage tourism. The study is limited to a conceptual understanding of problems faced by rural sector. If the PPP model (Public Private Partnership) with an another major pillar i.e., government is encouraged and promoted then the problem of rural development can be removed and the state can become a fruitful state and „Pearl of the Basket of Jewels‟ of India. Persistent Inequalities: Disparities in development and access to resources. Insufficient Job Creation: Lack of employment opportunities leading to economic stagnation. Forced Out Migration: Many villagers leaving rural areas for better prospects in cities. Unplanned Urbanization: Growth of urban areas without proper planning. Healthcare and Education Access: Inadequate facilities for health and education. Environmental Challenges: Issues related to sustainability and conservation. Ghost Villages: Villages with dwindling populations and abandoned houses. Identity Loss: Cultural and social challenges due to modernization.