ROLE AND TREND OF AGRICULTURAL FINANCE INSTITUTIONS IN THE INCLUSIVE GROWTH OF AGRICULTURE IN INDIA

A country's economic well-being relies heavily on its agricultural industry. It has a significant impact on the economy of India. Agriculture contributes one-third of India's GDP and accounts for 60% of all exports, whether direct or indirect. It accounts for 67% of all Indian jobs. Economics and strategy are heavily dependent on it, as are many other areas of the economy, such as manufacturing. Few farmers can afford to farm on their own because of the high financial demands of the sector. Consequently, there is a pressing need to recognise all agricultural activity and those farmers that need support. The goal of this article is to evaluate the expansion of agricultural credit in India, to look at the current condition of agriculture in the country, and to analyse the many government policies and programmes already in effect. Agricultural finance innovation, including new methodologies, techniques, and technologies, is also discussed in the article, with an emphasis on how it contributes to enhanced agricultural growth and increased financial integration.

               

KEYWORDS: Agricultural Growth, Financing Institutions, Development, Financial Integration.


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