Formerly International Journal of Basic and Applied Agricultural Research

Indebtedness among farm households: Evidences from Nadia district of West Bengal

SUSWETA RAY and ANIL KUMAR
Pantnagar Journal of Research, Volume - 17, Issue - 3 ( September-December, 2019)

Published: 2019-12-31

PDF Views - 7901 | Downloads - 7805

Abstract


The present investigation was undertaken to find out the magnitude and the determinants of farmers’ indebtedness in Nadia district of West Bengal. Data for the study was collected from 80 farm households during 2014-2015 through personal interview using survey method. The information was analyzed using simple statistical tools like averages and percentages and multiple regression technique. The findings revealed that almost 96 per cent of the farm households in the study area were indebted with an average outstanding amount of Rs. 51,455. The debt servicing capacity of sub-marginal farmers was very low. The major factors, influencing indebtedness positively, were observed to be the interest rate, diversion of farm loan towards non-productive purpose and high consumption expenditure. The study called for strengthening of rural financial institutions to persuade farmers to use institutional credit only.


Download Full PDF