Distress sale

Distress sales involve the sale of jewelry, cattle and land. It is largely observed in small/marginal landholders that resort to sale of assets during stressful times as a result of reduced agricultural yields. Large farmers have safety nets (savings, credit etc), and are able to turn to sale of dairy products or other skilled activities, without having to sell assets.

Climate Related Risk

Increased variability of crop yields, Reduction in crop yields, Drought, Drying trend

Form of Option

Economic

Country of Origin

India

Beneficiaries

Households

Implementation

The option exists in a real setting and was not created as part of the project.

Institution / Legal Reach

Change in norms or ways of doing things