A Review on Access to Agriculture Finance by Farmers and its Impact on their Income

Authors

  • Ujwala Kambali Research Scholar, Institute of Management & Commerce, Srinivas University, Mangalore, India-575001.
  • Niyaz Panakaje Research Professor, Institute of Management & Commerce, Srinivas University, Mangalore, India-575001.

DOI:

https://doi.org/10.47992/IJCSBE.2581.6942.0166

Keywords:

Agriculture Finance, Farmers, Income, Growth, Strategies, ABCD Analysis

Abstract

Purpose: Agricultural financing is a critical component of all agricultural development operations aimed at improving the productivity. Farmers must have access to sufficient and timely financing for irrigation, farm mechanisation, and land expansion. The main goal of the study is to identify and explore the factors affecting agriculture finance, understand the challenges faced by the farmers, to compare the growth of farmer’s income before and after availing finance support and the strategies required to improve the agriculture credit to farmers.

Design/Methodology/Approach: The study is based on secondary data gathered from several publications, websites, and other pertinent substance from NABARD and RBI annual reports.

Findings: The study revealed that smallholder systems, policies, and investments are meant to improve infrastructure, boosting efficiency to expand and finance services, and increasing labour availability or automation; formal financial outlets have improved in region regions; financial institution violations are regulated by regulatory frameworks, such as charging exorbitantly high interest rates or taking excessive risks with people’s savings or investors’ assets; and financial institution violations are controlled by regulatory frameworks, such as charging exorbitantly high interest rates or taking unnecessary.

Originality/Value: This study is infrequent in that it endeavours to trace the access of agricultural finance by farmers, as well as its impression on farmer’s income level varying to numerous agricultural strategies that have been enacted as a result of agricultural finance.

Paper type: Review Paper

Downloads

Download data is not yet available.

Downloads

Published

2022-05-04

How to Cite

Ujwala Kambali, & Niyaz Panakaje. (2022). A Review on Access to Agriculture Finance by Farmers and its Impact on their Income. International Journal of Case Studies in Business, IT and Education (IJCSBE), 6(1), 302–327. https://doi.org/10.47992/IJCSBE.2581.6942.0166