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Asian Journal of Research in Banking and Finance
Year : 2018, Volume : 8, Issue : 1
First page : ( 57) Last page : ( 63)
Online ISSN : 2249-7323.
Article DOI : 10.5958/2249-7323.2018.00006.8

Trends in Agricultural Finance in India

 Shilpa*, Dr. Shripathi Kalluraya P**

*Research Scholar, Department of Studies and Research in Economics, Mangalore University, Mangalagangothri, India. indushilpa27@gmail.com

**Professor, Department of Studies and Research in Economics, Mangalore University, Mangalagangothri, India

Online published on 12 January, 2018.

Abstract

This paper examines the new trends in agricultural finance in India. Indian agriculture plays an important role in the development of the country; is the main source of livelihood of majority of Indian population. The key problem of agriculture, carried on in rural areas mostly by poor, small and marginal farmers and weaker section of the society. Credit is one of the critical inputs for agricultural development. It capitalizes farmers to undertake new investments and adopt new technologies, production and marketing activities. Also agricultural credit is an important input for improving agricultural production and productivity and mitigating farmer distress. Bank credit is available to the farmers in the form of short-term credit for financing crop production programs and in the form of medium-term/long–term credit for financing capital investment in agriculture and allied activities.

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Keywords

Agriculture, Finance, Cooperative Banks, Commercial Banks, Regional Rural Banks.

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