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Haryana is an agriculturally prosperous state, but Farmers have been facing livelihood vulnerability due to various challenges they face like Small Landholdings, Declining Soil fertility, Lack of Infrastructure, Groundwater Depletion, and Lack of Access to Formal Financial Institutions and Indebtedness. All these put the agricultural sector of Haryana on a declining trend. The study was conducted on a total of 60 farmers. Purposive and Quota Sampling was used for primary data collection through a specially planned questionnaire based on DFID's five capital frameworks. Quantitative and Qualitative data shows the Trends in farming systems, Financial and social status, and Linkages between Livelihood strategies and assets of farmers of Karnal, Haryana. Through this study, we can conclude that small and medium farmers are under a heavy financial burden. Government policies must be centred around helping them recover from their debts, providing better education to their kids, and securing their livelihoods so they can live a decent lifestyle and not have to migrate to western countries and sell their lands. To ensure a stable livelihood, especially for small and marginal farmers; Government has to create an atmosphere where the rural youth can develop their skills and contribute to society while simultaneously practicing their traditional occupation, i.e., farming.
