A SOCIO- ECONOMIC STUDY OF CREDIT FLOW - A CASE OF AMARPUR VILLAGE OF BHAGALPUR DISTRICT OF BIHAR
KrishiKosh
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Title |
A SOCIO- ECONOMIC STUDY OF CREDIT FLOW - A CASE OF AMARPUR VILLAGE OF BHAGALPUR DISTRICT OF BIHAR
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Creator |
GOPAL, KRISHNA
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Contributor |
RAMACHANDRA REDDY, B M
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Subject |
credit, economics, land resources, productivity, area, economic systems, manpower, markets, crops, marketing
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Description |
Agriculture remains a mainstay of Indian Economy and an effective antidote to poverty. The assessment of socio – economic profile was done in the lives of rural household. An approach was made to study the household preference for institutional and non – institutional credit. Constraints in obtaining institutional credit for production activities were documented. Bhagalpur district in Bihar was chosen for study as agriculture is the main occupation and it is closely related to credit availability. Considering the objectives a well structured schedule was prepared. Secondary data was collected from the Regional Rural Bank, Punjab National Bank and Primary Agricultural Co – operative society. A total of 150 respondents were randomly selected and interviewed. Analytical tools employed were measurement of central tendency, scoring method and Binary Logistic Regression. Majority of respondents practiced agriculture as the main occupation. The respondents availed loan from both financial and non financial. Among them the private money lenders and friends and relative occupied a major share. In terms of preference the private money lender had the major say. Documentation and legal constraint was of major concern. Demand of commission from the staff of the lending financial institution was an important impediment to borrow. Formulation of a comprehensive policy which is flexible and farmer friendly and possess easy accessibility. Small and marginal farmers with low annual income should be brought under the formal financial inclusiveness to achieve healthy socio economic development of rural masses, that too in Bihar, which is one of the under developed state in India. |
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Date |
2016-12-15T08:46:26Z
2016-12-15T08:46:26Z 2011-02-02 |
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Type |
Thesis
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Identifier |
TH-10116
http://krishikosh.egranth.ac.in/handle/1/90203 |
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Language |
en
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Format |
application/pdf
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Publisher |
University of Agricultural Sciences GKVK, Bangalore
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