Question

Difference between direct and indirect agriculture

Answer 1

Any loan to agriculture and allied sector is called farm credit. When the borrower is directly responsible for its repayment to the lending agency, it isdirect farm credit.

Answer 2

Any loan to agriculture and allied sector is called farm credit. When the borrower is directly responsible for its repayment to the lending agency, it is direct farm credit. ... So funds availed by fertilizer dealers, state corporations, FCI, warehouses will come under indirect creditor to agriculture.