Despite the successive remarkable economic growth achieved in Ethiopia since 2005/6, the vulnerability of Ethiopia's rural population to drought induced crisis situations still prevails, affecting around 12 million resource poor food insecure small holder farmers, agro-pastoralists and pastoralists. Towards overcoming this development problem, different concerned stakeholders including the government of Ethiopia (GoE) and its development partners have been implementing various interventions. However, poverty, malnutrition and vulnerability to crises still remain high in the country. The implication is that dealing with the root causes of vulnerabilities, rather than with their consequences, and working towards achieving long term food security at household level in Ethiopia are still a huge and complex task.