Sustainable Growth: Enhancing Youth Livelihoods with Agricultural Financial Capital Enhancement Skills in Terai Region, West Bengal
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Keywords:
Financial capital, Rural Youth, Sustainable livelihoods, Skill Development and Risk taking ability.Abstract
Financial capital has been found as one of the important factors towards sustainability in the rural youth livelihoods, but research on how financial capital can be built through skills enhancement among the rural youth in India is limited. The study aimed to explore the effect of profile factors on skill development based financial capital generation among rural youths of Cooch Behar and Malda districts, West Bengal. A total of 200 farm youth were randomly sampled from 20 randomly selected villages from the four blocks. The data collected during 2025 were analysed with descriptive statistics, correlation analysis and multiple regression analysis. Eight factors such as annual income, annual expenditure, material possession, agricultural implement possession, land holding, risk taking ability, economic motivation and skill possessed were found to influence the financial capital generation through the skill development process positively and significantly whereas training exposure and attitude towards agriculture were negatively and significantly related to the dependent variable of the study. When using multiple regression analysis, the R² value is 0.324. The results indicate the need for targeted skill development training for adolescents to facilitate the development of financial capital and sustainable livelihoods in agriculture in rural communities.
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