An Economic Analysis of Agricultural Credit-led Agricultural Growth in India
Asian Journal of Agricultural Extension, Economics & Sociology · pp. 38–49 · Published 24 Mar 2022
10.9734/ajaees/2022/v40i530884Abstract
Among all sectors, the agriculture sector will be the pillar stone for sustainable economic growth. Agriculture credit shows the pivotal role for efficient agricultural transactions. The study investigates the role of agriculture credit in India’s agricultural credit through various economic analyses. The data was collected from various government websites such as RBI, Ministry of Statistics and Programme Implementation of India, Economic Survey of India. The results observed that institutional credit has a positive correlation with fertilizers consumed whereas consumption had a negative correlation with agricultural produces. The results further stated the co-integration and the Johansen-Juselius maximum likelihood tests the long-run positive association between India’s agricultural GDP and agricultural credit and increased Agricultural GDP drives agricultural credit. Finally, the policy implication on two perspectives as to encourage institutional credit arrangement to reach farmers with easy operational facilities across the nation and non-institutional credit need to marginalize the informal sources.
Cited by 1
Tahir Fazal Choudhary, Meenakshi Gupta · The Indian Economic Journal · 2024
Related research
- Diversity of Arbuscular Mycorrhizal Fungi in Oak-Pine Forests and Agricultural Land Prevalent in the Kumaon Himalayan Hills, Uttarakhand, India — shares topic coverage
- An Exploration of Disaster Risk in Farmer’s Community of Angaria Sub-sub-district in Bangladesh — shares topic coverage
- A Comparison of the Chemical Composition of Cooked Maize and Beans Left-over-water: Potentials as Food Drinks and Fertilizers — shares topic coverage
- Using GIS to Assess the Contribution of Farming Activities towards Climate Change in the State of Mississippi — shares topic coverage
- Impact of Climate Change on the Production of Major Food and Commercial Crops in India: A Five Decadal Study — shares topic coverage
Article metrics
Real usage data collected on this platform.
0
Page views
0
PDF downloads
0
Outbound clicks
1
Citations
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
No views recorded yet.
Traffic sources
Referring site, by host.
No traffic recorded yet.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.