Stakeholder Strategy to Lessen Agriculture Distress

Stakeholder Strategy to Lessen Agriculture Distress

Mukund Deshpande (Independent Researcher, India) and Neeta Baporikar (Namibia University of Science and Technology, Namibia & University of Pune, India)
Copyright: © 2020 |Pages: 22
DOI: 10.4018/978-1-7998-2364-3.ch003

Abstract

Agriculture distress is a reality. Hence, the phenomenon of farmer suicides continues. This is, in spite of government support through financial aids. On the other hand, climatic conditions have undergone huge change and enhanced natural calamities like drought or floods. Thus, farmers' life is at stake and these natural calamities make it further difficult to repay the debts they avail for cultivating farming. Statistics reflect an increase in farmers suicide in the past two years. This is a cause of worry and may further increase if proper, and effective solutions are not in place. The issue is serious. Hence, there is a dire need to look into and act on priority to find stable solutions. Instead of granting repetitive financial packages, the need is to adopt suitable schemes. Hence, adopting a mixed-method approach with an in-depth literature review, the chapter aims to propose a stakeholder strategy to lessen agriculture distress. This is not mandatory, but adoption is likely to benefit a large number of poor farmers.
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Objectives

To identify the challenges faced by the farmers:

  • 1.

    To find the basis of framing strategies to alleviate farmers issues.

  • 2.

    To understand choice of business strategy.

  • 3.

    To recommend the solutions for the challenges.

Key Terms in this Chapter

Indigenous Knowledge: Knowledge, which is cultural, based and created out of individualized context.

Process: A systematic series of actions directed to some end, it is a continuous action, operation, or series of changes taking place in a definite manner. A natural phenomenon marked by gradual changes that lead toward a particular result, a natural progressively continuing operation or development marked by a series of gradual changes that succeed one another in a relatively fixed way and lead toward a particular result or end.

Knowledge Exchange: The act, process, or an instance of exchanging acquaintance with facts, truths, or principles, as from study or investigation for and including general erudition creating, involving, using, or disseminating special knowledge or information.

Sustainable: Pertaining to a system that maintains its own viability by using techniques that allow for continual reuse, able to maintain or keep going, as an action or process.

Competence: Refers to the capacity of individuals/ employees to act in a wide variety of situations. It refers to education, skills, experience, energy and attitudes that an individual possesses.

Knowledge: The fact or condition of knowing something with familiarity gained through experience or association, acquaintance with or understanding of a science, art, or technique, the range of one’s information or understanding, the circumstance or condition of apprehending truth or fact through reasoning or the fact or condition of having information or of being learned. Knowledge is acquaintance with facts, truths, or principles, general erudition, familiarity or conversance, as with a particular subject including acquaintance or familiarity gained by sight, experience, research or report.

Transformation: The act or process of transforming in form, appearance, nature, or character; or an alteration, especially a radical one. A change in position or direction of the reference axes in a coordinate system without an alteration in their relative angle.

Government: The organization, machinery, or agency through which a political unit exercises authority and performs functions and which is usually classified according to the distribution of power within it.

Creative: Ability to transcend traditional ideas, rules, patterns, relationships, or the like, and to create meaningful new ideas, forms, methods, interpretations, etc. It includes originality, progressiveness, or imagination.

Sustainable Livelihood: A livelihood is sustainable when it can cope with and recover from stresses and shocks and maintain or enhance its capabilities and assets both now and in the future, while not undermining natural resource bases.

Aid: Formal assistance methods, factors, or programs available to help. Aid enables individuals, groups, and organizations to work more effectively to collaborate and achieve synergy.

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