Indian Agriculture-E-Technology to Aid Farmers [IAS (Admin.) IAS Mains GS Paper 3 (Science-Tech, Economy, Environment, & Disaster Management)]: Questions 1 - 1 of 1

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Question 1

E-Technology to Aid Farmers
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Essay▾

“In the villages itself no form of credit organisation will be suitable except the cooperative society” - All India Rural Credit Survey. Discuss this statement in the background of agricultural Finance in India. What constraints and challenges do financial institution supplying agricultural finance face? How can technology be used to better reach answer rural clients.

Explanation

In the farming sector, credit has become one of the major input.

  • The cooperative credit society are the most important source of credit to the farmers.
  • This cooperative society as a Credit organisations have lot of merits compared to other organisations on credit like commercial banks regional rural bank Land Development Banks etc. ,
  • Other credit orga…

… (149 more words) …

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