Logo
International Journal of
Finance and Commerce
ARCHIVES
VOL. 3, ISSUE 1 (2021)
A study on the regional rural bank and agricultural development
Authors
Dr. Umesh H Arahunasi
Abstract

Agriculture is the backbone of the Indian Economy and it is less organised as compare to the industrial sector. Although the majority of the people involved in agriculture are residing in rural areas and they are not aware of the modern agricultural technology. In order to develop the agriculture, the government has established National Bank for Agriculture and Rural Development (NABARD) with an intention to educate the people for development through credit. NABARD evolved a new policy to extend the promotional support to the agriculture through the Regional Rural Banks. The presents study is intended to focus on the role of RRBs on the development of agriculture. In India, total 17,976 farmers associations which are also called as farmers’ club were working in 2006 which increased to 54,805 in 2010. The study is concluded with a statement that the RRB under the study has been playing a vital role in imparting scientific knowledge to the farmers and motivating them to adopt knowledge in their fields through farmers associations by following the micro credit system.

Download
Pages:36-38
How to cite this article:
Dr. Umesh H Arahunasi "A study on the regional rural bank and agricultural development". International Journal of Finance and Commerce, Vol 3, Issue 1, 2021, Pages 36-38
Download Author Certificate

Please enter the email address corresponding to this article submission to download your certificate.