The Indian Economy has adopted a multi-agency approach to rural credit and accordingly the Co-operatives, the Commercial Banks and the Regional Rural Banks are engaged in providing credit to agriculture and other activities in rural area. However, what is observed, in recent years the flow of credit to agriculture by these agencies has declined and this has affected the investment and growth in agriculture. Besides it is also observed that most of the Rural Credit Institutions are not in a state of good financial healthy. They are plagued with higher NPAs, mounting losses and greater non-viability. In view of this the present Workshop is organized to deliberate upon the working of the Rural Credit Institutions and their credit flow to agriculture, identify the various weaknesses thereof to improve their efficiency, viability and larger credit provision for developing agriculture. Besides, the Eastern Region continuing to be a relatively poor region in spite of its potentiality, and credit being a catalyst in the process of development, the Workshop lays emphasis on deliberating upon making institutional credit more responsive to the need of this region. The Workshop has drawn participants from academics, bureaucrats, bankers, and policy makers. The papers presented in the Workshop have identified the weaknesses in institutional credit and provided some solutions for the country as well as for the Eastern Region.
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