Himanshu Raj

In the present scenario when the average landholding, size of land each farmer have, is decreasing duo to increasing population. So it has become imperative to take suitable and sustainable steps to generate employment in villages and this can be achieved by providing oppurtunities of employment in non- farm sector like fishries, dairy, food processing, etc. But lack of capital, poor knowledge of technology, poor connectivity with towns and cities and lack of political will remain the main hurdles in doing so. Therefore, if adeqate loan facilities by banks , cooperative socities and self - help groups; access to modern technology with required training ; better connectivity to towns and cities are provided then non- farm activities can flourish in vilage and all of this can not be achieved without political will of government.

Medium and large farmers are able to obtain capital more easily in comparison to small farmers as most of the times medium and large farmers are able to save some of the money that they earned from previous harvest and banks provide them with with loan more easily but small farmers depend upon loans from exploitative landlords and other rich people who generally charge arbitrary and unreasonabbly high interest rate.

What is G-77 ? It is an intergovernmental organization ,consisting of governments of more than one country, of 77 developing countries of the United Nations Organisation. It was established on 15 June 1964 at Geneva, Switzerland . Why is G-77 an important organisation ? As all the signatories of G-77 are developing countries and therefore they all face more or less similar situations and problems in their economic advancement. Therefore G-77 acts as a rallying point where all the developing nations can discuss and formulate strategies for the economic advancement of all the member nations.