Published Paper


"Role of Institutional Finance in Agriculture: A Case Study on Chittoor District of Andhra Pradesh"

P. Sunitha1; Dr. G.Ranganatham2; Prof.D. Anjaneyulu3
Ananathapur
Page: 1174-1181
Published on: 2024 December

Abstract

Agriculture has an important role in India because of the grain sector's importance in the country's economy. The government has chosen critical industries that banks previously neglected for nationalisation as priority areas for mainstream banking. Priority areas were agriculture, small-scale and village industries, retail trade and small businesses, and small road operators (cars, rickshaws, bullock carts, and road carriers). Dualism describes the difficulty of agricultural financing in districts, such as loan provision, time frame, and farm credit market. The primary sources of household financing are Cooperatives, Regional Rural Banks (SGBs) and Commercial banks. This article examined the various agricultural financing sources accessible in the District and discussed methods to supply institutional credit in the District.

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