3. Need for Agricultural Credit
โข Productive and Unproductive needs.
โข (i) Credit for productive reasons.
โข (ii) Credit for unproductive reasons.
โข Credit needs according to purpose.
โข (i) To satisfy domestic needs.
โข (ii) To satisfy needs of non-farming
occupations.
โข (iii) Farming needs.
4. โขContd.
โข Credit needs according to loan period.
โข (i) Short term needs.
โข (ii) Medium term needs.
โข (iii) Long term needs.
5. Sources of Agricultural Credit
โข (A) Private/Non-institutional sources.
โข Money lenders.
โข Landlords and others.
โข Relatives.
8. Role of RBI in Agricultural
Fianance
โข 1. Establishement of Agricultural Credit
Department
โข 2. Set up of All India Rural Credit Survey
Committee
โข 3 Set up of All India Rural Credit Review
Committee
โข 4. Establishment of National Agricultural
(Stabilization and Long Term) Funds
9. Contd.
โข 5. Boost to short term credit
โข 6. Emphasis on credit supply to priority
sector
โข 7. Establishment of various agencies and
banks for rural credit supply
โข 8. Initiative in the inception of NABARD
โข 9. Assistance to cooperative credit socities
โข 10. Boost to long term credit to agricultura
sector through LDBs.
10. Role of NABARD in rural credit
โข 1. Boost to short term, medium term and
long term credit supply to agricultural sector
โข 2. Assistance to twenty point programme
โข 3. Refinance facility
โข 4. Assistance to economically backward
states
โข 5. Help to cooperatives societies and their
rehabilitation
11. Contd.
โข 6. Establishment of Cooperative
Development Fund
โข 7. Provision of credit to small scale industries
โข 8. Provision of credit to processing industries
โข 9. Research and Development Fund
โข 10. Establishment of Rural Infrastructure
Development Fund