Economic Analysis of Institutional Finance for On-Farm Irrigation Development in Karnataka
KrishiKosh
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Title |
Economic Analysis of Institutional Finance for On-Farm Irrigation Development in Karnataka
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Creator |
Shivaswamy G.P.
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Contributor |
R.S. Poddar
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Subject |
Agricultural Economics
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Description |
On-farm irrigation development requires large capital investments and depends mainly on external financial support. Financial support is provided by rural financing agencies like commercial banks, Regional Rural Banks (RRBs) and cooperative banks under refinancing assistance from NABARD. Present study was undertaken to analyze trend in flow of and institution wise on-farm irrigation development in Karnataka. The study used both primary and 10 years time series data for analysis. Findings of the study revealed that the total minor irrigation credit from institutional sources grew by 21.29 per cent per annum during 2001-02 and 2010-11. However, the share of minor irrigation credit in term loan declined from 11.29 to 6.92 per cent over the years. Commercial banks and regional rural banks were the major sources with higher contribution towards development of minor irrigation while the share of cooperatives declined over the years. The percentage of credit gaps observed in case of co-operative banks was 42.74 per cent followed by RRBs (25.46%) and commercial banks (18.26%). 11.61 per cent of diversion of funds was noticed in case of commercial banks followed by regional rural banks (6.72%) while no diversion of funds was found in the case of co-operatives loans. Cumbersome procedures, inadequate amount of co-operative credit, high rate of interest with commercial banks and RRBs were the main constraints in strengthening minor irrigation credit. The study advocates that financing of minor irrigation be made priority in rural financing. The role of co-operatives in financing minor irrigation needs to be strengthened and procedures for lending by the institutions need to be simplified using modern ICT’s. |
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Date |
2016-11-14T17:00:56Z
2016-11-14T17:00:56Z 2012 |
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Type |
Thesis
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Identifier |
http://krishikosh.egranth.ac.in/handle/1/85496
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Format |
application/pdf
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Publisher |
UAS, Dharwad
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