National Academy of Agricultural Sciences (NAAS)
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PRINT ISSN : 2319-7692
Online ISSN : 2319-7706 Issues : 12 per year Publisher : Excellent Publishers Email : editorijcmas@gmail.com / submit@ijcmas.com Editor-in-chief: Dr.M.Prakash Index Copernicus ICV 2018: 95.39 NAAS RATING 2020: 5.38 |
Credit is an important input for agriculture, without credit no operation of agriculture can be continued. The important objective of the study was to find out the growth of agricultural credit before and after the introduction of kisan credit scheme (KCC). Compound Growth Rate was used to find the growth rate of credit. The result showed that the total credit disbursement increased from 44.55 billion in the TE 1977 to 9421.97 billion in the TE 2016 at a compound growth rate of 18.08 per cent. The compound growth rate of long term loan of co-operatives after the introduction of Kisan credit card decreased. The compound growth rate of credit disbursed by both Scheduled commercial bank (27.69 per cent) and Regional Rural Bank (24.93 per cent) increased after the introduction of KCC. This indicates that kisan credit card played a crucial role in regulating the agricultural credit in India.
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