Agricultural Credit in India

Agriculture is the primary source of the food supply. It provides a regular supply of food to such a vast population and has been the primary raw materials source for India's essential industries. The critical issues that wave Indian agriculture present are the infrastructure deficit and knowledge deficit. Farmers require finance to produce and market crops and keep a stagnant agricultural economy alive. A lousy monsoon, a poor harvest, an accident or illness in the family forces him to approach the moneylender for a loan. After the nationalization of Commercial Banks, with the Government of India's direction, took some steps to finance agricultural operations. To fulfil the economic demand for agriculture in rural India, organized financial institutions and unorganized indigenous banks provide credit. This book presents the agriculture scenario in India and farmers' opinions on the availability of agriculture credit and its impact on their socio and economic conditions.