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Financial analysis of a participatory integrated livelihood security project in foothills of North Western Himalayas

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Title Financial analysis of a participatory integrated livelihood security project in foothills of North Western Himalayas
Not Available
 
Creator B.L. Dhyani
, Ambrish Kumar
D. Mandal ,
Bankey Bihari
M. Murganandam
Charan Singh
M. Madhu
 
Subject Livelihood security, Boundary work, Relevance-importance-constraint analysis, Force-field analysis (FFA), Financial analysis
 
Description Not Available
Rain dependent farming in North Western Himalaya (NWH) is in a vicious
cycle of livelihood insecurity-resource degradation. This vicious cycle was
unchained by putting participatory knowledge generated on resource
conservation, production and local institutional mechanism in action during
2007-08 to 2013-14 in four villages of NWH. Tool-kit approach was adopted for
boundary work, implementation and monitoring of the project data and
analysis. Results showed that food deficit villages (before project) were
converted in food surplus after the project except pulses. The project
generated ` 523 24 lakh Net Present Value (NPV) with a Benefit Cost (B:C) ratio
of 2.59, and investment made can be recovered by 4 years at 10% discount rate
considering 30 year period of analysis. Sensitivity analysis revealed that the
project can sustain firmly under any odd situation of (i) rise in cost by 10%, (ii)
decrease in benefits by 10% and (iii) reduction in project period by 50%,
individually and their all possible combinations together. It is evident from the
value of economic evaluation criteria; NPV of 203.26 lakh, B:C ratio 1.64:1, 6
years payback period and 48.3% Internal Rate of Return (IRR) under worst
situation when all the assumed eventualities occur together. It can be
concluded that such projects are financially sound investment venture and
be replicated in other villages in the region. Natural resource management
activities worked as catalyst in achieving sustainable livelihood security
under rain dependent farming situation. Good boundary work for proactive
participation of all stakeholders at all the three stages of project (planning,
implementation and evaluation), jointly setting boundary objectives,
strategies; and finally putting local institutional mechanism in place towards
ensuring benefit flow in perpetuity that holds the key for success of rain
dependent agricultural projects
Not Available
 
Date 2020-06-15T11:03:22Z
2020-06-15T11:03:22Z
2018-03-01
 
Type Research Paper
 
Identifier Not Available
Not Available
http://krishi.icar.gov.in/jspui/handle/123456789/37138
 
Language English
 
Relation Not Available;
 
Publisher Not Available