AGRICULTURAL CREDIT INSTITUTION IN INDIA A REVIEW
Author Name: Dr. Nagendra Kumar
Volume: 01 & Issue:
Country: India
DOI NO.: 08.2020-25662434 DOI Link: http://www.doi-ds.org/doilink/10.2020-82646147/
Affiliation:
- Department of Economics, Faculty of Social Sciences, Banaras Hindu University, Varanasi, India
ABSTRACT
The banking system in India plays an important role in the achievement of the credit delivery policy formulated carefully to the core objectives of our national policy such as development, modernization, self-reliance, and social justice. Banks are priests of money and credit, and they help in accelerating the economy. It plays a strategic role in raising the savings rate, by cancelling available savings for financing investment and better utilization of available resources in all sectors of the economy through an adequate supply of debt. Thus the credit is the life-blood of every economic activity in a country. The flow of credit is like the circulation of blood in the body. The circulation of blood to all the organs of the human body should be smooth and equal. Likewise, credit must flow continuously and evenly through the country's credit structure. This article is providing a detailed history of agricultural credits intuitions in India, suggestions, for writing the background, methods, results, and conclusions. The main objective of the present article is to find useful ideas with all levels of experience
Key words: RRBs, SCBs, DCBs, PACSs, SCARDBs
Thanks a lot.