Research Article
Volume 6 Issue 7 - 2020
Agricultural Credit and Banking Sector in Tamil Nadu
K Murugan*
Assistant Professor, Department of Economics, Guru Nanak College, Velachery, Chennai, Tamil Nadu, India
*Corresponding Author: K Murugan, Assistant Professor, Department of Economics, Guru Nanak College, Velachery, Chennai, Tamil Nadu, India.
Received: May 25, 2020; Published: June 20, 2020




Abstract

Most of Indian farmers live near the edge of famine especially the vulnerability is more among small and marginal farmers. There is the multitude of such ‘distress’ or unproductive loans. The sources of institutional credit are rural co-operatives, commercial banks in India and Tamil Nadu. The objective of the paper is to examine the agriculture credit and banking sector in Tamil Nadu. The secondary data has collecting from Trend and Progress of Banking India, District Potential Credit Linkage Plans (PLPs) and State Level Banker Committee (SLBC). The paper is divided into five sections. The first section is introductory in nature; it contains the background, objectives. The second section describes review of literature. Third section was deals with data base and methodology analyses. The fourth section examines the results and discussion and lastly provides the summary and conclusions.

The percentage share of agriculture credit by commercial banks in the state is shows as 20 percent (Rs. 174404 crore) during March ended 2019. The percentage shares of agriculture credit by nationalized banks are issued 56 percent of total agriculture credit. Followed by private banks are issued 24 percent of credit and 13 percent credit issued by State Bank of India. Nationalized banks, Private Banks and State Bank of India are issued the credit worth of Rs. 98040, crore, Rs. 41040 crore and Rs. 22292 crore respectively. The percentage share of agriculture by Canara Bank, Indian Bank and SBI are recorded single largest issuer of Rs. 29407 crore, Rs. 25982 crore and Rs. 22292 crore, respectively. On other hand, Punjab and Sindhi Bank, Dena Bank and Bank of Maharashtra are recorded lowest issue of credit to the farmers.

Keywords: Agriculture credit; Banking sector; Farmers; Institutional credit; Tamil Nadu

References

  1. NABARD, Databank (various issues) National Bank for Agriculture and Rural Development, Mumbai, India.
  2. Government of India Budget 2018-19, Agriculture.
  3. Rav Singh Lakra. “Association of Psycho-social factors with Constraints in Credit Management by farmers”. The Journal of Rural and Agricultural Research2 (2011): 63-66.
  4. “Rural credit delivery in India: structural Constraints and Some Corrective Measures”. Agricultural Economic Research Review 21 (2008): 387-394.
  5. Sharma Bala. “Access to Credit-A Study of Hill Farms in Himachal Pradesh”. Journal of Rural Development4 (2007): 483-501.
  6. T Snekalatha. “A study on customers awareness and satisfaction about agricultural credit provided by State Bank of India (with special reference to Tirupur district)”. International Journal of Applied Research6 (2017): 1014-1016.
  7. Padma R and P Senthil Kumar. “A Study on Farmers Perception towards Agriculture Finance in Coimbatore District”. IRJIF 20 (2018).
  8. M Alexpandi and S Rameshkumar. “Utilisation and Repayment of Agricultural Credit: The Case of Madurai District, Tamil Nadu”. Journal of Rural Development2 (2014).
  9. Saugandh Datta and Anirban Ghosh. “Explaining Access to Credit by Rural Households: Results based on a Study of Several States in India”. Indian Institute of Management Ahmadabad, India, W.P (2013).
  10. Revathy N and Thilagavathi M. “Empirical Study on Determinants of Agricultural Investment Credit Demand among Farm Households”. Amity Journal of Agribusiness2 (2016): 27-37.
  11. Devaraja TS. “An Analysis of Institutional Financing and Agricultural Credit Policy in India”. Working Paper, UGC (2011).
  12. State Level Banker’s Committee, Indian Overseas Bank, Chennai, Tamil Nadu (2018).
  13. All India Debt and Investment Surveys, Various Issues, NSSO.
  14. National Bank for Agriculture and Rural Development, National Federation of State Co-operative Banks.
  15. Annual Report (Various Years) National Agricultural Banking Agriculture and Rural Development, (2018).
  16. Directorate of Economics and Statistics, Agricultural Statistics at Glance, (Annual issues from 1970-2008) Ministry of Agriculture and Cooperation, Govt. of India, New Delhi (2008).

 

Citation: K Murugan. “Agricultural Credit and Banking Sector in Tamil Nadu”. EC Agriculture 6.7 (2020): 29-42

PubMed Indexed Article


EC Pharmacology and Toxicology
LC-UV-MS and MS/MS Characterize Glutathione Reactivity with Different Isomers (2,2' and 2,4' vs. 4,4') of Methylene Diphenyl-Diisocyanate.

PMID: 31143884 [PubMed]

PMCID: PMC6536005


EC Pharmacology and Toxicology
Alzheimer's Pathogenesis, Metal-Mediated Redox Stress, and Potential Nanotheranostics.

PMID: 31565701 [PubMed]

PMCID: PMC6764777


EC Neurology
Differences in Rate of Cognitive Decline and Caregiver Burden between Alzheimer's Disease and Vascular Dementia: a Retrospective Study.

PMID: 27747317 [PubMed]

PMCID: PMC5065347


EC Pharmacology and Toxicology
Will Blockchain Technology Transform Healthcare and Biomedical Sciences?

PMID: 31460519 [PubMed]

PMCID: PMC6711478


EC Pharmacology and Toxicology
Is it a Prime Time for AI-powered Virtual Drug Screening?

PMID: 30215059 [PubMed]

PMCID: PMC6133253


EC Psychology and Psychiatry
Analysis of Evidence for the Combination of Pro-dopamine Regulator (KB220PAM) and Naltrexone to Prevent Opioid Use Disorder Relapse.

PMID: 30417173 [PubMed]

PMCID: PMC6226033


EC Anaesthesia
Arrest Under Anesthesia - What was the Culprit? A Case Report.

PMID: 30264037 [PubMed]

PMCID: PMC6155992


EC Orthopaedics
Distraction Implantation. A New Technique in Total Joint Arthroplasty and Direct Skeletal Attachment.

PMID: 30198026 [PubMed]

PMCID: PMC6124505


EC Pulmonology and Respiratory Medicine
Prevalence and factors associated with self-reported chronic obstructive pulmonary disease among adults aged 40-79: the National Health and Nutrition Examination Survey (NHANES) 2007-2012.

PMID: 30294723 [PubMed]

PMCID: PMC6169793


EC Dental Science
Important Dental Fiber-Reinforced Composite Molding Compound Breakthroughs

PMID: 29285526 [PubMed]

PMCID: PMC5743211


EC Microbiology
Prevalence of Intestinal Parasites Among HIV Infected and HIV Uninfected Patients Treated at the 1o De Maio Health Centre in Maputo, Mozambique

PMID: 29911204 [PubMed]

PMCID: PMC5999047


EC Microbiology
Macrophages and the Viral Dissemination Super Highway

PMID: 26949751 [PubMed]

PMCID: PMC4774560


EC Microbiology
The Microbiome, Antibiotics, and Health of the Pediatric Population.

PMID: 27390782 [PubMed]

PMCID: PMC4933318


EC Microbiology
Reactive Oxygen Species in HIV Infection

PMID: 28580453 [PubMed]

PMCID: PMC5450819


EC Microbiology
A Review of the CD4 T Cell Contribution to Lung Infection, Inflammation and Repair with a Focus on Wheeze and Asthma in the Pediatric Population

PMID: 26280024 [PubMed]

PMCID: PMC4533840


EC Neurology
Identifying Key Symptoms Differentiating Myalgic Encephalomyelitis and Chronic Fatigue Syndrome from Multiple Sclerosis

PMID: 28066845 [PubMed]

PMCID: PMC5214344


EC Pharmacology and Toxicology
Paradigm Shift is the Normal State of Pharmacology

PMID: 28936490 [PubMed]

PMCID: PMC5604476


EC Neurology
Examining those Meeting IOM Criteria Versus IOM Plus Fibromyalgia

PMID: 28713879 [PubMed]

PMCID: PMC5510658


EC Neurology
Unilateral Frontosphenoid Craniosynostosis: Case Report and a Review of the Literature

PMID: 28133641 [PubMed]

PMCID: PMC5267489


EC Ophthalmology
OCT-Angiography for Non-Invasive Monitoring of Neuronal and Vascular Structure in Mouse Retina: Implication for Characterization of Retinal Neurovascular Coupling

PMID: 29333536 [PubMed]

PMCID: PMC5766278


EC Neurology
Longer Duration of Downslope Treadmill Walking Induces Depression of H-Reflexes Measured during Standing and Walking.

PMID: 31032493 [PubMed]

PMCID: PMC6483108


EC Microbiology
Onchocerciasis in Mozambique: An Unknown Condition for Health Professionals.

PMID: 30957099 [PubMed]

PMCID: PMC6448571


EC Nutrition
Food Insecurity among Households with and without Podoconiosis in East and West Gojjam, Ethiopia.

PMID: 30101228 [PubMed]

PMCID: PMC6086333


EC Ophthalmology
REVIEW. +2 to +3 D. Reading Glasses to Prevent Myopia.

PMID: 31080964 [PubMed]

PMCID: PMC6508883


EC Gynaecology
Biomechanical Mapping of the Female Pelvic Floor: Uterine Prolapse Versus Normal Conditions.

PMID: 31093608 [PubMed]

PMCID: PMC6513001


EC Dental Science
Fiber-Reinforced Composites: A Breakthrough in Practical Clinical Applications with Advanced Wear Resistance for Dental Materials.

PMID: 31552397 [PubMed]

PMCID: PMC6758937


EC Microbiology
Neurocysticercosis in Child Bearing Women: An Overlooked Condition in Mozambique and a Potentially Missed Diagnosis in Women Presenting with Eclampsia.

PMID: 31681909 [PubMed]

PMCID: PMC6824723


EC Microbiology
Molecular Detection of Leptospira spp. in Rodents Trapped in the Mozambique Island City, Nampula Province, Mozambique.

PMID: 31681910 [PubMed]

PMCID: PMC6824726


EC Neurology
Endoplasmic Reticulum-Mitochondrial Cross-Talk in Neurodegenerative and Eye Diseases.

PMID: 31528859 [PubMed]

PMCID: PMC6746603


EC Psychology and Psychiatry
Can Chronic Consumption of Caffeine by Increasing D2/D3 Receptors Offer Benefit to Carriers of the DRD2 A1 Allele in Cocaine Abuse?

PMID: 31276119 [PubMed]

PMCID: PMC6604646


EC Anaesthesia
Real Time Locating Systems and sustainability of Perioperative Efficiency of Anesthesiologists.

PMID: 31406965 [PubMed]

PMCID: PMC6690616


EC Pharmacology and Toxicology
A Pilot STEM Curriculum Designed to Teach High School Students Concepts in Biochemical Engineering and Pharmacology.

PMID: 31517314 [PubMed]

PMCID: PMC6741290


EC Pharmacology and Toxicology
Toxic Mechanisms Underlying Motor Activity Changes Induced by a Mixture of Lead, Arsenic and Manganese.

PMID: 31633124 [PubMed]

PMCID: PMC6800226


EC Neurology
Research Volunteers' Attitudes Toward Chronic Fatigue Syndrome and Myalgic Encephalomyelitis.

PMID: 29662969 [PubMed]

PMCID: PMC5898812


EC Pharmacology and Toxicology
Hyperbaric Oxygen Therapy for Alzheimer's Disease.

PMID: 30215058 [PubMed]

PMCID: PMC6133268


News and Events


July Issue Release

We always feel pleasure to share our updates with you all. Here, notifying you that we have successfully released the July issue of respective journals and the latest articles can be viewed on the current issue pages.

Submission Deadline for Upcoming Issue

ECronicon delightfully welcomes all the authors around the globe for effective collaboration with an article submission for the upcoming issue of respective journals. Submissions are accepted on/before July 15, 2022.

Certificate of Publication

ECronicon honors with a "Publication Certificate" to the corresponding author by including the names of co-authors as a token of appreciation for publishing the work with our respective journals.

Best Article of the Issue

Editors of respective journals will always be very much interested in electing one Best Article after each issue release. The authors of the selected article will be honored with a "Best Article of the Issue" certificate.

Certifying for Review

ECronicon certifies the Editors for their first review done towards the assigned article of the respective journals.

Latest Articles

The latest articles will be updated immediately on the articles in press page of the respective journals.