Agricultural Credit Utilization and Repayment by Farm Households in Tripura

Authors

  • Poulami Ray Ph.D. Scholar, Division of Dairy Economics, Statistics and Management, ICAR-National Dairy Research Institute, Karnal-132001, Haryana, India
  • Bhagirath Das Agriculture Officer, T.A.F.S. Gr-I, Department of Agriculture & Farmers Welfare, Government of Tripura, India

DOI:

https://doi.org/10.48165/IJEE.2023.59207

Keywords:

Agricultural credit, Credit utilization, Credit repayment, Loan diversification, Non-performing asset (NPA), Loan recovery

Abstract

The study was conducted in West Tripura district of Tripura to examine the utilization and repayment of farm loans obtained by borrowers based on a survey done in 2020.The development of agriculture depends on farmers receiving adequate and timely loans. Purposive multi-stage random sampling was used to pick 120 farmers and 20 lenders for a comprehensive investigation. The majority of the sample beneficiaries availed of crop loans (82.5%) as compared to allied activities loans (17.5%) and it was observed that marginal and small farmers diverted a portion of the loan as compared to medium farmers. The extent of repayment of loans by the medium farmers was higher than the small and marginal farmers. To improve the utilization and repayment pattern of credit by farm households, the Bank Field Officers need to conduct post-credit supervision to reduce credit diversion to unproductive uses and disbursement of the majority of the loan in kind form may be used. 

Downloads

Download data is not yet available.

References

Adhikary, M. L., Bagli, S., & Dutta, P. (2013). An insight into the financial inclusion of the states in India. Journal of Social and Economic Development, 15(1), 50-66.

Alexpandi, M., & Rameshkumar, S. (2014). Utilisation and repayment of agricultural credit-the case of Madurai district, Tamil Nadu. Journal of Rural Development (Hyderabad), 33(2), 147-159.

Bhatia, A., & Saraswat, N. (2011). Financial inclusion of rural households-a case study from Hanumangarh district, Rajasthan. Indian Journal of Extension Education, 47(3&4), 128-131.

Chakraborty, T., & Gupta, A. (2017). Loan repayment behaviour of farmers: Analysing Indian households. Indian Institute of Technology: Kanpur, India. https://home.iitk.ac.in/~tanika/files/ research/BorrowingBehaviorAT.pdf

Ghoshal, P. K. (2011). Problems of agricultural financing in Tripura. Indian Journal of Humanities, 4(1), 23-36.

Gulati, A., & Bathla, S. (2002). Institutional credit to Indian agriculture: defaults and policy options. Occasional paper no. 23, National Bank for Agriculture and Rural Development. https://www.nabard.org/demo/auth/writereaddata/File/ OC%2023.pdf

Kambale, P. S., Lagare, M. G., & Deorukhakar, A. C. (2015). Credit disbursement scenario of lead bank (Bank of India) scheme in Ratnagiri district of Maharashtra. International Research Journal of Agricultural Economics and Statistics, 6(1), 78-82.

Kumar, A., Mishra, A. K., Saroj, S., & Joshi, P. K. (2017). Institutional versus non-institutional credit to agricultural households in India: Evidence on impact from a national farmers’ survey. Economic Systems, 41(3), 420-432.

Kumar, A., Singh, R. K. P., Jee, S., Chand, S., & Tripathi, G. (2015). Dynamics of access to rural credit in India: Patterns and determinants. Agricultural Economics Research Review, 28, 151-166.

Narayanan, S. (2016). The productivity of agricultural credit in India. Agricultural Economics, 47(4), 399-409.

Papias, M. M., & Ganesan, P. (2009). Repayment behaviour in credit and savings cooperative societies: Empirical and theoretical evidence from rural Rwanda. International Journal of Social Economics, 36(5), 608-625.

Pradhan, N. (2013). Persistence of informal credit in rural India: Evidence from ‘All-India debt and investment survey and beyond. Reserve Bank of India (RBI) working paper, 5, 2013.

Prakash, P., Kumar, P., Kishore, P., Jaganathan, D., Immanuel, S., & Raj, S. V. (2022). Determinant of access to credit and availing subsidies for protected cultivation in Maharashtra. Indian Journal of Extension Education, 58(2), 167–172.

Ray, P., & Das, B. (2022). Determining the socio-economic characteristics of farmers on access to agricultural credit in Tripura, India. New Innovations in Economics, Business and Management, 5, 109-116. https://doi.org/10.9734/bpi/niebm/v5/4984F

Ray, P., Hazarika, J. P., & Das, B. (2020). Performance of financial sectors for agricultural development in west Tripura District of Tripura. Indian Journal of Economics and Development, 16(2s), 384-389.

Sharma, B. K., & Kumawat, R. C. (2014). Purpose-wise utilization pattern of agricultural credit in Rajasthan. Agro-Economist, 1(1), 29-37.

Sonia, Malik, D. P., & Malik, J. S. (2022). Assessment on the progress of KCC scheme in India. Indian Journal of Extension Education, 58(3), 33–37.

The Government of Tripura (2021). The economic review of Tripura. Directorate of Economics and Statistics. https://ecostat.tripura. gov.in/eco-review-2020-21.pdf

Downloads

Published

2023-04-02

Issue

Vol. 59 No. 2 (2023): Indian Journal of Extension Education, (Apr-Jun), 2023

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to Cite

Ray, P., & Das, B. (Trans.). (2023). Agricultural Credit Utilization and Repayment by Farm Households in Tripura. Indian Journal of Extension Education, 59(2), 30–35. https://doi.org/10.48165/IJEE.2023.59207
Crossref
Scopus
Google Scholar
Europe PMC