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An analytical Study on Agricultural Credit in Karnataka

Dr.Shivaraj K N K N

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Paper Contents

Abstract

In India, agriculture and its associated sectors are vital for the accelerated growth of the economy. Agriculture is recognized as one of the oldest professions globally. The current agricultural financing framework in India encompasses multiple dimensions, with various agencies and financial institutions participating in the provision of agricultural credit, particularly aimed at supporting rural populations. The Indian financial system is divided into two categories: formal and informal financial institutions. This indicates that some financial intermediaries operate within the organized sector, while others function in the unorganized sector. The agricultural sector in India encounters numerous challenges, with finance being a fundamental issue. Sufficient financial support is crucial for achieving rapid growth in this sector. In this context, the present study aims to examine the role of cooperative banks in agricultural finance within the state of Karnataka.

Copyright

Copyright © 2024 Dr.Shivaraj K N. This is an open access article distributed under the Creative Commons Attribution License.

Paper Details
Paper ID: IJPREMS40900018351
ISSN: 2321-9653
Publisher: ijprems
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