• Dr. S. B. Yadav

Finance in agriculture is as important as other inputs being used in agricultural production. Realizing the importance of agricultural credit in fostering agricultural growth and development, the emphasis on the institutional framework for agricultural credit is being emphasized since the beginning of planned development era in India. The paper discusses the history and need of agricultural finance in India, sources and magnitude of agricultural finance and assesses its progress. The World Bank in its sector policy paper as back as in 1975 has aptly reiterated “credit is often a key element in the modernization of agriculture. Not only can credit remove financial constraint but it also accelerates the adoption of new technology. Credit facilities are also an integral part of the process of commercialization of the rural economy. However, no amount of credit even at the most reasonable rates can guarantee higher productivity or income among the rural poor, as the success depends upon many factors including the availability of inputs and services, sound credit policies, well-managed institutions and appropriate delivery channels”. This paper briefly highlights serious issues of agricultural credit and makes suggestions for the Government, RBI and Legislators to resolve them speedily.

Credit, Farming, Sustainable, Rural economy, Productivity.

"AGRICULTURE CREDIT IN POST-REFORMS ERA IN INDIA: ISSUES AND CHALLENGES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.2315-2327, May-2019, Available :http://www.jetir.org/papers/JETIR1905U26.pdf

"AGRICULTURE CREDIT IN POST-REFORMS ERA IN INDIA: ISSUES AND CHALLENGES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp2315-2327, May-2019, Available at : http://www.jetir.org/papers/JETIR1905U26.pdf