RT 512:  Livelihood and Entrepreneurship
Context of poverty; meaning and definition of livelihood; rural livelihood approaches; sustainable livelihood principles and frameworks; sectoral approaches in livelihood; rural and urban linkages in livelihood; major livelihood programs in India; National Rural Livelihood Mission (NRLM); role of diversified agro-ecosystems in livelihood promotion; livelihood portfolio of rural poor; challenges in livelihood promotion; tools and techniques for livelihood mapping.

Rural Entrepreneurship-different forms; Significance of rural entrepreneurship; Steps of entrepreneurship, Business planning for a new venture: the concept of planning paradigm; Forms of business enterprises, Sole proprietorship, partnership and corporations; Market analysis and competitive analysis, strategies; Financial resources; debt financing, banks and financial institutions and other non-bank financial sources; Government programmes : direct loan assistance and subsidies; Industrial and legal issues for rural enterprises, Financial feasibility study of a business proposal, DPR writing

Texts:
1. S. Datta, V. Mahajan, G. Thakur (Eds.) A resource book for livelihood promotion 3rd edn., Hyderabad: The Livelihood School, 2009.

References
1. R. Baumgartner and R. Hogger, In Search of Sustainable Livelihood Systems-Managing Resources and Change. Federal Institute of Technology, Zurich, 2004
4. P. C. Joshi, and N. Joshi, Biodiversity and conservation. A.P.H. Pub., 2004