ICT and Livelihood Assets

Introduction

ICT stands for Information and Communication Technology. It includes tools like mobile phones, the internet, computers, and radios. ICT is helping rural people improve their livelihood by providing better access to information, markets, and services.

Types of Livelihood Assets

  • Human Capital: Skills and education of rural people
  • Natural Capital: Land, water, and forests
  • Social Capital: Support from family and community
  • Physical Capital: Infrastructure like roads and buildings
  • Financial Capital: Savings, loans, and income sources

How ICT Supports Livelihoods

  • Provides weather updates and crop advice to farmers
  • Helps in online education and skill training
  • Enables mobile banking and digital payments
  • Connects rural producers to wider markets

Challenges

  • Lack of internet connectivity in remote areas
  • Low digital literacy among villagers

Conclusion

ICT has great potential to improve rural livelihoods. With better access and training, it can empower rural communities and reduce poverty.

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