Tuesday 3 March 2015

  • Launched in 2010, the Livelihood Advancement Business School for Farmers (LABS-F) provides small and marginal farmers with knowledge and access to ecologically sustainable and cost-effective technologies and methods to improve agricultural productivity and net income.
    The program also identifies employment potential in nearby developing areas and uses this information to skill rural youth and link them with jobs. This not only addresses the problem of underemployment of rural youth, but also reduces their dependency on agriculture by providing alternate sources of income generation.
    The program is aimed at enhancing the economic well-being of marginalized communities by:
    •  - Enabling higher productivity and agricultural sustainability on the farm
    •  - Transfer of small and appropriate technologies for marginal farmers
    •  - Reducing pressure on farms by skilling youth and placing them in jobs
     The program has reached out to over 7,394 farmers to date, enhancing their livelihoods for an estimated aggregate benefit of over Rs 56 million, with a ten-fold return on investment (ROI). In addition, 570 rural youth have also been skilled and placed, with an average monthly salary of Rs 4,500. The improved cash flows to these families are bringing in many-faceted changes and positively impacting the quality of their lives.


     

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