Agriculture is the mainstay of the Indian economy, because it contributes to the economic and social welfare of the entire Nation through its influence on the GDP and employment. Even after more than 60 years of country’s independence this agriculture continues to be the backbone of the country’s economy. Instead of this tremendous importance, the developmental efforts in enhancing the farm level efficiency and agricultural growth have been overlooked by the policy makers and it never got the attention it merits. The present work is grounded on a primary data gathered through personal interview of 105 farmers of three districts of the Valley. The average efficiency level of the farmer and the increase of agriculture are found inconsistent due to diverse reasons as identified. The outcome shows that there exists some scope to improve the efficiency of the farmers with the existing level of inputs use and with the available technology. Thus a uniform and a challenging mode of defending this process and to support policy making is to analyze and evaluate the performance of farm level efficiency of agriculture and its growth. Many research works have already been performed by the eminent researchers giving very little attention to the farm level efficiency of factory farm and its increase of North Eastern Region (NER) in general and Assam and its Southern region in particular. This written report can provide necessary support to policy makers, innovators and research scholars in measuring the performance of farmer’s level of efficiency along with agricultural growth and development of Barak Valley Region of Assam.
Cite this article:
Farid Ahmed Laskar, Abdur Rashid. Impact of Agriculture Finance on Agricultural Development in Southern Part of Assam. Res. J. Humanities and Social Sciences. 2021; 12(1):37-42. doi: 10.5958/2321-5828.2021.00007.3
Farid Ahmed Laskar, Abdur Rashid. Impact of Agriculture Finance on Agricultural Development in Southern Part of Assam. Res. J. Humanities and Social Sciences. 2021; 12(1):37-42. doi: 10.5958/2321-5828.2021.00007.3 Available on: https://www.rjhssonline.com/AbstractView.aspx?PID=2021-12-1-7
1. Agarwal A K (2015) Banking Penetration in Rural Areas and Villages: Trends and Challenges, International Journal of Research in Commerce and Management, 6 (2)
2. Battese, G.E. and Coelli. T (1995). A model for technical inefficiency effects in a stochastic frontier production function for panel data. Empirical Economics 20(2): 325-332.
3. Basu, Santonu (1999), Why Institutional Credit Agencies are Reluctant to Lend to the Rural Poor: A Theoretical Analysis of the Indian Rural Credit Market in National Bank News Review, 15 (1)
4. Chakrabarty K C (2012) Revised Guidelines on Priority Sector Lending: Rationale and Logic, RBI Monthly Bulletin, October 2012
5. Dhār, P. K. (2010), Indian Economy, Its Growing Dimension. Kalyani Publishers. New Delhi.
6. Dahiya M and Bhatia S J (2016) A Study of Non-Performing Assets (NPA’s) of Public Sector Banks in India-an Inter-sectoral Comparison, International Journal of Scientific Research, 5 (3)
7. Eureval-C3E (2006), Study on the Use of Cost-Effectiveness Analysis in EC‘s Evaluations. Final Report. Ec.europa.eu/dgs/ secretariat_general/…/cea_finalreport_en.pdf (accessed 10 May 2010).
8. Farrell M.J. (1957), The measurement of productive efficiency, Journal of the Royal Statistical Society 120(3):253-290.
9. Goyal, S. K. Suhag, K.S.and Pandey, U. K. (2006), an estimation of technical efficiency of paddy farmers in Haryana state of India. Indian Journal of Agricultural Economics, vol. 61. No.
10. Hayami, Y., and Ruttan, V. W., (1985), Agricultural development: An International Perspective. John Hopkins University Press, Baltimore
11. J. Guasch (1986), Rural Credit Countries: Lessons for Policy Analysis from Practice and Modern Theory, World Development 14 (Oct.-Nov. 1986).
12. Uppal, R. K. (2009). Priority sector advances: Trends, issues and strategies. Journal of Accounting and Taxation, 1 (5), 79
13. Uthiran S (2015) Agricultural Lending in India–Trends, Issues and Strategies, Sai Om Journal of Commerce and Management, 2 (11)
14. Vaidyanathan, A (2000), India's Agricultural Development Policy, EPW, May 13, p. 1736.
15. Yadav, Ravinder (2001), Rural Credit shouldn't be Treated Like an Obligation, The Financial Express, Saturday, 2001.