Vidarbha – a major cotton growing region in central India has been the epicentre of a protracted agrarian crisis. Chronic indebtedness and farmers' suicides continue unabated despite decades of state intervention. Going beyond the contemporary discourse that finds fault in neoliberal policies and integration with global markets, this fascinating book tells the story of how nineteenth century 'accidents' particularly in the form of colonial policies and the American Civil War ushered in institutional transformations that shaped the region's cotton economy. By drawing insights from their longitudinal study in villages of the region spanning 12 years, Gaurav and Ranganathan present the 'gambles' that farmers are part of. The novelty of combining a long view of history and evidence based on primary field research results in a book that underscores the importance of investigating roots of agrarian crisis and paying attention to adjustments of farm households, at a crucial juncture in India's economic transformation.

This book assesses the capacity of the rural populace in terms of their ability to perceive a change in climatic variables and, if so, how they react to these changes in order to minimize the adverse effect of climate change. It evaluates the role of education and exposure to change in physiological variables like temperature, precipitation, etc., in forming the right perception of climate change. While analysing livelihood diversification as a strategy to cope with climate change concerns across geography (districts), caste, education and the primary occupation of the households, the book also considers factors affecting diversification. One important aspect of well-being is consumption; thus, by focusing on consumption changes over time and relating it to livelihood diversification, the book makes an in-depth analysis of the coping mechanisms. Diversification adopted in the face of compulsion and in a situation of stagnancy may result in a range of low productivity activities, whereas diversification as an attempt to explore newer pathways in a vibrant context to reduce income risks and smooth consumption can be highly beneficial. The book, thus, focuses on job profile and occupational diversification of the sample households, the extent of instability in occupations and the distribution of households in terms of consumption pattern, the inter-temporal changes in it and the determinants. The book is useful for researchers, students in environmental studies, policy-makers, NGOs and also the common reader who wants to understand climate change, its effects on livelihoods and ways to overcome the shocks. It reflects on effective policies which can create awareness and empower people to explore opportunities for livelihood creation so that the overall is sustained if not improved.