An Overview of Agriculture Finance in India

Abstract

Purpose: As a result of limited financial resources, agriculture has been plagued by a lack of profitability. Diverse policy initiatives have been made to improve access to finance, including: Affordability has always been an issue for policymakers in India, and it will continue to be. As the title suggests, the aim of this study is to explore the requirements and policy interventions in the domains of farm financing.

Design/Methodology/Approach: Attempts are made in this article to examine the government’s agricultural policy measures in this country. Information for the article was culled from the Reserve Bank of India and numerous annual documents.

Findings: It was found in the study that most of today’s treatments have been tried or recommended in the past, but was not successful for various reasons. However, if such measures had been undertaken at that time, India would have ranked among the top countries in terms of access to finance.

Originality/Value: This study is unusual in that it attempts to trace the history of agricultural finance in India, as well as the numerous agricultural policies that have been enacted as a result of agricultural finance.

Paper Type: Research Case Study