K. P. Mani
Agriculture production depends on factors like the availability of land, quality seeds, irrigation facilities, the application of fertilizers and timely availability of credit, and a host of other factors. Credit is a critical input for revitalizing agriculture. Starting from the All India Rural Credit Survey Committee in 1954, the necessity for credit delivery system is overemphasized. Later, a number of other committees also looked into the matter. Over the years, India adopted a multi-agency approach for providing agriculture credit. The major agencies which provide agriculture credit are the cooperatives, the Regional Rural Banks (RRB) and the commercial banks. These agencies provide credit ...