what are the different source of credit of small farmer and large farmer
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13
Answer:
Apart from bank, the small farmers can borrow from local money lenders, agricultural traders, big landlords, cooperatives, SHGs etc.
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ᴛʜᴇʀᴇ ɪs ɴᴏ ᴅᴏᴜʙᴛ ᴛʜᴀᴛ ᴀɢʀɪᴄᴜʟᴛᴜʀᴇ ᴄʀᴇᴅɪᴛ ɪs ᴀ ᴄʀɪᴛɪᴄᴀʟ ᴇʟᴇᴍᴇɴᴛ ᴏғ ʙᴏᴛʜ ᴀɢʀɪᴄᴜʟᴛᴜʀᴇ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴀɴᴅ ᴍᴀʀᴋᴇᴛɪɴɢ ᴀᴄʀᴏss ɪɴᴅɪᴀ. ʜᴏᴡᴇᴠᴇʀ, ᴅᴜʀɪɴɢ ᴀ ᴘᴇʀɪᴏᴅ ᴏғ ᴀᴄᴜᴛᴇ ᴄʀɪsɪs, ᴛʜᴇ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ɴᴇᴇᴅs ᴛᴏ ʙᴀɴᴋ ᴏɴ ᴄʜᴀɴɴᴇʟ ᴛʜᴀᴛ ᴀʀᴇ ʀᴇʟᴀᴛɪᴠᴇʟʏ ʀᴏʙᴜsᴛ ᴀɴᴅ ғᴀʀ ʀᴇᴀᴄʜɪɴɢ.
ᴜɴғᴏʀᴛᴜɴᴀᴛᴇʟʏ, ᴇsᴘɪᴄᴀʟʟʏ ᴡʜᴇɴ ɪᴛ ᴄᴏᴍᴇs ᴛᴏ sᴍᴀʟʟ ᴀɴᴅ ᴍᴀʀɢɪɴᴀʟ ғᴀʀᴍᴇʀs, ᴛʜᴇ ᴄᴜʀʀᴇɴᴛ ᴄʜᴀɴɴᴇʟ ᴏғ ᴄʜᴏɪᴄᴇ - ᴛʜᴇ ғᴏʀᴍᴀʟ sʏsᴛᴇᴍ ғᴏʀ ᴀɢʀɪᴄᴜʟᴛᴜʀᴇ ᴄʀᴇᴅɪᴛ ɪɴ ɪɴᴅɪᴀ - ғᴀʟʟs ᴡᴇʟʟ sʜᴏʀᴛ.
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