Practicing Success
In "Rural Development", the concept of "Diversification " becomes very important. According to you, which of the following depicts aspects of diversification? |
Taking loan from formal lending system Saving and investing in various industries Shift of workforce from agriculture to other allied activities All of the above |
Shift of workforce from agriculture to other allied activities |
The need for diversification arises from the fact that there is greater risk in depending exclusively on farming for livelihood. It includes two aspects - one relates to change in cropping pattern and the other relates to a shift of workforce from agriculture to other allied activities (livestock, poultry, fisheries etc.) and non-agriculture sector. |