Institutional Finance For Agribusiness Enterprises: A Study In Mandya District
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Date
2024-12
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INDIAN SOCIETY FOR HEALTH AND ADVANCED RESEARCH
Abstract
Agribusiness activities are important sources of double farming income in India. it is profited immensely from technical advance as well. So, that the financial intuitions are important role in agribusiness activities. These are very much needful for lending operations for agricultural sector, having more enormous potential growth and subsequently enhance the more significant for the banks finance. The present study deals with the performance commercial banks, co-operative banks and Regional Rural Banks in agribusiness activities viz., water resources or minor irrigation, farm mechanization, plantation of horticulture crops and sericulture, dairy development and poultry development in Mandya district during the period of 2017-18 to 2021-22. This paper found the RRBs loan providing to dairy development has tremendous increased from Rs.1192.80 lakhs in the beginning 2017-18 to Rs.21872.35 lakhs at the end of 2021-22 with CAGR of 146.40 per cent. However, the same period the co-operative banks performance of water resources or minor irrigation has been negatively declined -79.10 per cent. Therefore, the financial institutions are commercial banks, co-operative banks and regional rural banks and also including RBI and NABARD need to take action on the basis of priority to agribusiness activities in rural backwardness areas.
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Keywords
Agriculture, Agribusiness development, Financial Institutions, Farm Mechanization
Citation
Kumara K. S. Veerendra. Institutional Finance For Agribusiness Enterprises: A Study In Mandya District. Paripex - Indian Journal Of Research. 2024 Dec; 13(12): 16-17