• Dr. Shradhdha Nayak
• Prof. Rajiv Patel

India is a country of villages and 68.64% of total population lives in villages. Hence, rural development is the initial requirement for the development of the country. 80% people of rural area and 52% people of country depend on agriculture for their livelihood. Credit plays an important role in the development process. According to Gunnar Mirdal, “Credit is a feature which fastens the development process. Credit is the only option available to the rural farmer, as he is economically weak. If institutional credit is not available, he will depend on private credit. And it is very difficult for him to come out of the vicious cycle of interest of such private credits.

Agriculture, Credit, Farmer, PACS, Development

"Role of Primary Agricultural Cooperative Credit Societies in Rural Development", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.681-686, June-2019, Available :http://www.jetir.org/papers/JETIR1908C88.pdf

"Role of Primary Agricultural Cooperative Credit Societies in Rural Development", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp681-686, June-2019, Available at : http://www.jetir.org/papers/JETIR1908C88.pdf