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Considerable discussion on the developments in the micro- credit sector
also forms part of the findings. A critical examination of the sector has been
provided in the study after spelling out the positives of micro credit. Perhaps,
appreciating the criticism can pave the way forward for the sector to come out
of the shadows that it is engulfed in at present.
The study suggests that there is a scope for close link-up between cooperative
credit institutions and commercial banks endorsing PACS functioning as
BCs, for the chosen commercial banks and DCCBs. For an effective policy
formulation, implementation and monitoring the availability of authentic and
reliable data is a sine qua non. The study has highlighted the areas wherein
both NABARD and RBI can work together in streamlining the data with regard
to agriculture credit flows and outstanding.
The study fills in an important gap in the literature on agriculture credit. I am
sure that the findings of the study will be useful for all those who are engaged
with agriculture credit- the policy makers, banks, apex institutions like RBI
and NABARD, and the researcher.
National Bank for Agriculture and
Dr. Harsh Kumar Bhanwala
Rural Development
Chairman
Mumbai
15 January 2014
