India is primarily based on agriculture in which more than half of its population is dependent for their livelihood. Even though the share of agriculture in GDP is decreasing due to industrialization, its development is inevitable. The most important issue that hurdles the development of agriculture is finance. Among the various sources of raising finance for agriculture, institutional finance plays an important role. In this regard, the present study aims to analyze the role of co-operative societies in promoting agricultural development in Sathyamangalam block of Erode District. The land holding pattern, details of loan amount availed, cropping pattern, awareness towards lending pattern of co-operative societies and the major determinants of amount of loan availed are also examined.
Keywords
Agricultural Finance, Co-operatives, Cropping Pattern, Lending Pattern.
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