Augmenting Financial Inclusion in the Agri-food and Land-use Value Chain for Sustainable Rural Development

The agricultural and food production value chain is crucial for both economic development and food security, playing a vital role in global economies. Achieving sustainable financial inclusion (SFI) in this sector poses a considerable challenge. Land banking (LB) refers to the process of leasing unused land held by farmers through agreements with organizations and active farmers. This research employs structural equation modeling (SEM) to explore the relationships among key factors that influence workforce empowerment and their impact on SFI within the agri-food and land-use value chain. This framework aimed at promoting SFI develops strategies applicable across various sectors and involves investors through a responsible governance model. The research draws on insights from diverse stakeholders, such as farmers, agribusinesses, financial organizations, and policymakers, to create a comprehensive model for improving financial inclusion within the industry.