ACCESS TO RURAL CREDIT IN INDIA
| Author(s) | : | Rama Kanta Sahu |
| Institution | : | Research Scholar, Department of Business Administration; Utkal University,Vanivihar, Bhubaneswar, Odisha -751004, India |
| Published In | : | Vol. 5, Issue 4 — April 2018 |
| Page No. | : | 2470-2477 |
| Domain | : | Engineering |
| Type | : | Research Paper |
| ISSN (Online) | : | 2348-4470 |
| ISSN (Print) | : | 2348-6406 |
In view of the emerging perspective of rural credit, the importance of rural credit to agriculture and ruraldevelopment, the public policy on rural credit in India has been focused on institutionalisation as a means of providingcheaper credit to farmers. This study examines the various structural constraints that obstruct the credit disbursement inrural India as well in Andhra Pradesh. The study is based on the data of NSSO’s Debt and Investment Survey report1992 (48th round), 2003 (59th round) and 2013 (70th round). The structure of credit system has been measures in termsof access of rural households to different credit sources along with its share and interest rate. The various initiativestaken by the government have paid off and the flow of institutional credit to rural areas has increased significantly. Thestudy has found that the structure of credit market has changed over time and the share of institutional credit hasincreased. Rural households ‘access to institutional credit is influenced by a number of socio-economic and institutionalfactors. A concerted effort and appropriate policy reform are required to make rural households’ access to institutionalcredit neutral to caste, class and regions
Rama Kanta Sahu, “ACCESS TO RURAL CREDIT IN INDIA”, International Journal of Advance Engineering and Research Development (IJAERD), Vol. 5, Issue 4, pp. 2470-2477, April 2018.
