Examining institutional credit access among agricultural households in Eastern India: Trends, patterns and determinants

This paper is an attempt to understand the pattern of credit among agricultural households in Eastern India and to identify the correlates of their access to institutional credit for policy imperatives.The study uses unit-level data from the All-India Debt and Investment Survey of the 59th and 70th...

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Autores principales: Kumar, Anjani, Das, Raya, Aditya, K. S., Bathla, Seema, Jha, Girish K.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Emerald Publishing Limited 2020
Materias:
Acceso en línea:https://hdl.handle.net/10568/142301
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author Kumar, Anjani
Das, Raya
Aditya, K. S.
Bathla, Seema
Jha, Girish K.
author_browse Aditya, K. S.
Bathla, Seema
Das, Raya
Jha, Girish K.
Kumar, Anjani
author_facet Kumar, Anjani
Das, Raya
Aditya, K. S.
Bathla, Seema
Jha, Girish K.
author_sort Kumar, Anjani
collection Repository of Agricultural Research Outputs (CGSpace)
description This paper is an attempt to understand the pattern of credit among agricultural households in Eastern India and to identify the correlates of their access to institutional credit for policy imperatives.The study uses unit-level data from the All-India Debt and Investment Survey of the 59th and 70th rounds of the National Sample Survey Office for the years 2002–2003 and 2012–2013. Cragg's double-hurdle model and the Heckman selection model are used to estimate the determinants of access to and the amount of institutional loans taken by households. These models also account for potential selection bias in the findings.The study reveals that access to credit is strongly associated with the socioeconomic and demographic characteristics of agricultural households. However, about half of the farmers in the eastern states of India lack access to institutional credit despite the government's attempts to include them in the ambit of formal financial services. Thus, strategies for developing agriculture in Eastern India must include efforts to bring small and marginal farmers under the coverage of institutional credit.These data are based on the responses given by the sample households and not the experimental data. The data pertain to the year 2013.The findings emphasize that strategies for developing agriculture in Eastern India must give special push to enhance small and marginal farmers' access to institutional credit.
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language Inglés
publishDate 2020
publishDateRange 2020
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spelling CGSpace1423012025-12-08T10:29:22Z Examining institutional credit access among agricultural households in Eastern India: Trends, patterns and determinants Kumar, Anjani Das, Raya Aditya, K. S. Bathla, Seema Jha, Girish K. models rural communities households access to finance capacity development agricultural credit credit This paper is an attempt to understand the pattern of credit among agricultural households in Eastern India and to identify the correlates of their access to institutional credit for policy imperatives.The study uses unit-level data from the All-India Debt and Investment Survey of the 59th and 70th rounds of the National Sample Survey Office for the years 2002–2003 and 2012–2013. Cragg's double-hurdle model and the Heckman selection model are used to estimate the determinants of access to and the amount of institutional loans taken by households. These models also account for potential selection bias in the findings.The study reveals that access to credit is strongly associated with the socioeconomic and demographic characteristics of agricultural households. However, about half of the farmers in the eastern states of India lack access to institutional credit despite the government's attempts to include them in the ambit of formal financial services. Thus, strategies for developing agriculture in Eastern India must include efforts to bring small and marginal farmers under the coverage of institutional credit.These data are based on the responses given by the sample households and not the experimental data. The data pertain to the year 2013.The findings emphasize that strategies for developing agriculture in Eastern India must give special push to enhance small and marginal farmers' access to institutional credit. 2020-10-01 2024-05-22T12:10:17Z 2024-05-22T12:10:17Z Journal Article https://hdl.handle.net/10568/142301 en Limited Access Emerald Publishing Limited Kumar, Anjani; Das, Raya; Aditya, K. S.; Bathla, Seema; and Jha, Girish K. 2020. Examining institutional credit access among agricultural households in Eastern India: Trends, patterns and determinants. Agricultural Finance Review 81(2): 250-264. https://doi.org/10.1108/AFR-04-2020-0054
spellingShingle models
rural communities
households
access to finance
capacity development
agricultural credit
credit
Kumar, Anjani
Das, Raya
Aditya, K. S.
Bathla, Seema
Jha, Girish K.
Examining institutional credit access among agricultural households in Eastern India: Trends, patterns and determinants
title Examining institutional credit access among agricultural households in Eastern India: Trends, patterns and determinants
title_full Examining institutional credit access among agricultural households in Eastern India: Trends, patterns and determinants
title_fullStr Examining institutional credit access among agricultural households in Eastern India: Trends, patterns and determinants
title_full_unstemmed Examining institutional credit access among agricultural households in Eastern India: Trends, patterns and determinants
title_short Examining institutional credit access among agricultural households in Eastern India: Trends, patterns and determinants
title_sort examining institutional credit access among agricultural households in eastern india trends patterns and determinants
topic models
rural communities
households
access to finance
capacity development
agricultural credit
credit
url https://hdl.handle.net/10568/142301
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