Journal Name:
- Indian Streams Research Journal
Author Name | University of Author |
---|---|
Abstract (2. Language):
This paper deals with the credit to agriculture sector in India. Agriculture is an important sector in India
which is still the primary source of livelihood for majority of the people in rural areas and this lively hood needs to
be made sustainable for many. Therefore the growths this crucial sector this key detriment in overall economic
development of country. Credit is an important input the agriculture development. In recent past since the initiation
of financial reforms the flow of credit to agriculture in relation to its demand has declined. The investment in
agriculture also declined much in this period. It resulted in declining the growth of agriculture sector and reduction
in its contribution to GDP. The severe crisis in the vital sector led many farmers to attempt suicide in many advanced
states in the country. Despite the robust growth of banking sector the informal sector still plays vital role in credit
needs of the rural people.
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