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Socio- Economic Models of Small and Marginal Farmers in Kerala

Agriculture continues to be the backbone of the Indian economy, accounting for 20 percent of the country's GDP and employing 42 percent of the workforce. It is the primary source of income for 86.6 percent of India's small and marginal farmers. Farmers require a climate-resilient agriculture system, credit input system, compact technology for small lands, proper marketing linkage, capacity building program, a training program on value-added products, financial inclusion program, village storage facilities, timely crop insurance, agriculture extension services, and the benefits of information and communication technology (ICTs) in the changing scenario. To face the problem of sustainable development in the villages, the study proposes an integrated approach of supporting agricultural and allied activities in rural areas that are rooted in local conditions, resources, and institutions. The paper examines through a few success stories how small and marginal farmers converted challenges into opportunities and strengthen the village economy. Long-term microfinance with well-equipped resources can assist in driving economic growth from the ground up. In a developing country like India, microfinance is considered as a tool for poverty reduction and local economy as well as a tool for socioeconomic development. It has the capacity to give low-income people loans without jeopardising their financial security. Microfinance is one of the development solutions that can help achieve SDGs 1 and 2 (No Poverty and Zero Hunger), respectively.

Small and Marginal Farmers, Socio-economic Model, Dairy Farming, Women Farming, SHG’s and JLG’s Models, Income Generation, Goat Farming

APA Style

Sreeni Kolakattil Raghavan. (2022). Socio- Economic Models of Small and Marginal Farmers in Kerala. Research & Development, 3(1), 41-51. https://doi.org/10.11648/j.rd.20220301.18

ACS Style

Sreeni Kolakattil Raghavan. Socio- Economic Models of Small and Marginal Farmers in Kerala. Res. Dev. 2022, 3(1), 41-51. doi: 10.11648/j.rd.20220301.18

AMA Style

Sreeni Kolakattil Raghavan. Socio- Economic Models of Small and Marginal Farmers in Kerala. Res Dev. 2022;3(1):41-51. doi: 10.11648/j.rd.20220301.18

Copyright © 2022 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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