Those include entrepreneurs who have undertaken rubber plantations, bee keeping, black pepper plantation and betel plantations.
Some farmers have given up traditional farming of betel nut and betel leaves, black pepper and jackfruit on the plea that it is yielding lesser returns due to climate change.
There are still others who have gone for large-scale production of age-old farming of fruits. Farmers at Nongtrai village, for instance, have invested into planting 20,000 saplings of indigenous Khasi Mandarin variety of orange.
A large chunk of the village land was acquired by the company for mining two million tonnes of limestone for its cement plant in Bangladesh's Chattak.
"We have released Rs 14.63 crore to the beneficiaries till April, 2014 of the approved budget of Rs 48.7 crore in the two years that we have started implementing various projects under the scheme," K C Momin, secretary of the Special Purpose Vehicle Society, told PTI.
The Special Purpose Vehicle Society is an executive body appointed for carrying out development in the mining areas of Lafarge Umiam Pvt Ltd for about 50 villages on the Indo-Bangladesh border in East Khasi Hills district.