• UMAPATHI S

To supply the adequate finance to neglected sector like Agriculture, the institutional credit has come into force. As it is not exploitative and the basic motive is always to help the farmers to raise the productivity and maximize their income. The rate of interest is not only relatively low, but also different for different groups of farmers, and for different purposes. Finally Institutional credit is fully integrated with the other needs of an agriculturist. The farmers require not only credit, but also guidance in the planning of their agricultural operations like the use of seeds, fertilizers and pesticides etc. Assistance in raising crops and in general, help for maximizing their income. In all developed countries credit services and extensional services go hand in hand. This work can be done best by Institutions like Co-Operative Societies and Commercial banks and not by rapacious money lenders and commission agents. Institutionalization of agricultural and rural development programmes with adequate and timely flow of credit to assist weaker sections and less developed regions. The basic objectives of the policy are – to ensure timely and increased flow of credit to farming sectors to reduce and gradually eliminate the money lenders from the rural scene and to make available credit facilities to all the regions of the country.

PRIORITY SECTOR ,BANKING

"PRIORITY SECTOR LENDING BY COMMERCIAL BANKS-TO SOLVE FOOD PROBLEMS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 3, page no.1836-1839, March-2020, Available :http://www.jetir.org/papers/JETIR2003262.pdf

"PRIORITY SECTOR LENDING BY COMMERCIAL BANKS-TO SOLVE FOOD PROBLEMS", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 3, page no. pp1836-1839, March-2020, Available at : http://www.jetir.org/papers/JETIR2003262.pdf