Class 6

In the livelihoods approach, resources are referred to as ‘assets’ or ‘capitals’ and are often categorised between five or more different asset types owned or accessed by family members: human capital (skills, education, health), physical capital (produced investment goods), financial capital (money, savings, loan .

?Livelihood assets (column A) natural capital. physical capital. human capital. financial capital. social capital.

agricultureIn rural areas, agriculture is the main occupation.

A person’s livelihood (derived from life-lode, “way of life”; cf. OG lib-leit) refers to their “means of securing the basic necessities (food, water, shelter and clothing) of life”.

Sustainable Agriculture Create sustainable agricultural livelihood opportunities for women in agriculture. Ensure food and nutrition security at the household and the community level. Improve the skills and capabilities of women in agriculture to support farm-based activities.

Livelihood strategies include: how people combine their income generating activities; the way in which they use their assets; which assets they chose to invest in; and how they manage to preserve existing assets and income.

The main sources of livelihood in rural areas are land, water, forests, and pastures etc. The rural people utilize these resources for their survival. Beside these livestock and off farm activities are also important means of employment and sources of income for these people.

Agriculture, with its allied sectors, is the largest source of livelihoods in India. 70 percent of its rural households still depend primarily on agriculture for their livelihood, with 82 percent of farmers being small and marginal.

The major livelihood sources are the agriculture. Majority world people are engaged with this occupation but very few people of the rural area are engaged with other non farming activities in the rural area. Some people work in industry while some work in fishing. Similarly some people work in government institution.