Diversification Strategies among Rural Farm Family Households in Different Agro-climatic Zones of J&K Union Territory, India

Abstract

Aims: The diversification of a portfolio is an alternative strategy for households to minimize their income variability and to ensure a minimum level of income. Study Design: Multi-stage sampling, binary logistic regression and logit regression design were used for the study. Place and Duration of Study: The study was conducted in Jammu & Kashmir State (Union Territory) in the year of 2016-17 with a total sample size of 630 farming families drawn from the four agro-ecological zones. Methodology: From each selected villages, 15 farming families were drawn randomly without replacement and out of 15 farm families only 10 families were retained for analysis. Results: An average gross income from on-farm enterprise was Rs. 77,623 per annum and from off-farm activities the average income was Rs. 1,17,643 per annum. Education, size of family members and fragmented land holdings were the push factors which motivated the farming family households to diversify towards other activities. Conclusion: The study further suggested that there is a need to develop education and skill development training among the farm family households, as it will surely provide a positive impact on the ability to diversify their other livelihood options.