how much percentage rural credit fulfill from formal sector ?
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Rural credit needs in India are met by an elaborate structure of rural .... The proportion of credit from the formal sector increased from 3 percent in 1952 to .... At the same time, there are many unresolved issues.
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Despite an 11% rise in loans to the agriculture sector over a year to a record Rs 10 lakh crore in 2017-18, the share of professional moneylenders in agricultural credit grew nine percentage points over 11 years till 2013, and two important government programmes meant to ease credit are denying farmers the benefits they seek, according to an IndiaSpend analysis.
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