Institutional Credit and Agricultural Development

Capital, the linchpin of economic development, is the most scarceresource in rural India. Hence there has been a considerable effort in recent years to augment its supply to agriculture and allied activities through Institutional credit. This book attempts to analyse the impact in terms of returns per rupee and hectare of investment, repayment capacity, risk-bearing ability and productivity gains. The methodology followed is scientific. The results are systematically discussed. While the inferences are conclusive and policy suggestive, some of the findings are unique for there is a dearth of such details of block level at present. The theme of the book is developmentally current, nationally useful, and socially relevant.