A COMPREHENSIVE ANALYSIS OF INDIA’S AGRICULTURE SECTOR WITH SPECIAL REFERENCE TO OUTPUT, YIELD PER ACRE & CREDIT TO AGRICULTURE SECTOR

Abstract

Agriculture becomes always a challenging sector for socio - economic development of an India. Many initiatives have been proposed by the central government since independence for agricultural growth and development. The major challenges beside the crop output and yields are the financing to agriculture sector (direct institutional or advances by commercial banks). Outputs of major crops have increased steadily over a period, while the yield per hectare has not deviated much for all the crops. Financing by direct institutional (for long term) and advances by commercial banks (short term) has shown a certain impact on the output of agriculture sector. The output is the function of direct institutional credit and advances by commercial banks. The dependency is significant as observed for the period.