Transcription of Working Paper 302 - ICRIER
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Working Paper 302 - ICRIER
Working Paper 302 Credit Policy for Agriculture in India - An Evaluation Supporting Indian Farms the Smart Way: Rationalising Subsidies and Investments for Faster, Inclusive and Sustainable Growth Anwarul Hoda Prerna Terway June 2015 INDIAN COUNCIL FOR RESEARCH ON INTERNATIONAL ECONOMIC RELATIONS Table of Contents List of Abbreviations .. i Acknowledgements .. ii Abstract .. iii Section 1: Introduction .. 1 Section 2: Trends in Agricultural Credit (1951-2013) .. 4 Expansion of institutional credit .. 4 Interest Rates Charged by Institutional and Non-Institutional Sources .. 7 Trends in Institutional 8 Factors contributing to the growth of agricultural credit .. 10 Growth of rural branches of commercial banks .. 10 Establishment of Regional Rural Banks (RRBs) .. 11 Priority Sector 11 Self-Help Groups (SHG)-Bank linkage Programme .. 12 Special Agriculture Credit Plan .. 13 2004 Initiative for Doubling of Agricultural Credit .. 13 Kisan Credit Cards.
ii Acknowledgements The research leading to this paper was undertaken at ICRIER as a part of the project " Supporting Indian Farms the Smart Way: Rationalising Subsidies and Investments for Faster, Inclusive and Sustainable Growth", commissioned by Syngenta Foundation in 2014.
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