EFFECTS OF MIGRATION AND REMITTANCES OF RURAL LIVELIHOOD ON CAPITAL FORMATION PERSPECTIVE

Abstract

Globally, farming communities migrates considering it as a
livelihood strategy, especially given unprecedented environmental change.
Because migration facilitates poverty reduction, education improvement,
entrepreneurial investments and even the economic evolution of the origin
areas. Farmers in the northern region of Bangladesh migrate during the
slack season when farming activities are not up to the mark. Driven by this
context, this study examined the principal actors, the pattern of seasonal
migration in the context of seasonal variability and migration's role in food
security and livelihood resilience in the Barind Tract, Bangladesh. The
participatory rural appraisal was employed for collecting basic facts and
information. The study suggests that poverty is the root cause of migration,
such that men from poor households with small landholdings and high food
insecurity migrate for work during the winter. Moreover, the traditional
practice of sharecropping, which helped them reduce food shortages, has
also become less profitable these days. Therefore, the tendency of migrating
is likely to escalating among the people of this region, and those already
relocated are planning to settle down there for a more extended period.
Currently, such migrants are getting engaged in lowpaying unskilled wage
work, construction work mainly in Rajshahi city, Mohadevpur, and Dhaka
the capital city of Bangladesh, which enables them to make not only modest
savings but also hard enough to repay the debt their family has incurred
during food shortages.