A comprehensive study on the role of RBI in agricultural credit
- Country : India
- Subject : Development Studies
The present paper study’s the Institutional credit flow to agriculture. Institutional credit is the lifeblood of modern economic system without which no system can survive. In agricultural development also its role is crucial. Agriculture is the backbone of our economy and its prosperity can largely be responsible for the wellbeing of the entire economy. Adequate institutional credit is considered to be the most important factor, which if suitably provided, will go a long way to put the economy of the farmers especially the small and marginal farmers on a sound footing. So agriculture and rural development has been on the priority agenda of our policy makers since independence and considerable efforts have been made to develop the rural credit system as means of rural development. The study evaluates the performance of RBI in deploying agricultural credit. The objectives of the study are to review the performance of institutional agencies in deploying agricultural credit and to current status.