ROLE OF BANKS IN SUCCESSFUL IMPLEMENTATION OF AGRICLINICS AND AGRIBUSINESS CENTRE SCHEME

Registration ID: IJNRD_181243

Published ID: IJNRD2205004

DOI: Click Here to Get

NANDINI SINGH , Dr. Brijesh Kumar

BANKS, AGRICLINICS, AGRIBUSINESS, AGRIPRENEURS

In 1990, need for agricultural extension services was realized in Indian economy to solve various upcoming problems like poor technology, problems related to advisory services and input facilities etc. Hence, in this context Government of India introduced many schemes to improve the situation of the agriculture sector of the country. But still the change in situation was not up to mark and rural sector of the economy was still lagging behind. In 2002, a scheme named Agriclinics and Agribusiness centre scheme was introduced by the Government of India in collaboration with Ministry of Agriculture and Farmer Welfare and this scheme brought about some revolutionary change in the status of farmers and rural India. In this paper it is discussed that how banks and other financial institutions with in the different regions of the country are performing a very significant role in promoting this scheme and also making this scheme a reality. The banks are the links which are actually converting basic idea of the scheme into reality by converting trained graduates into Extension workers known as Agripreneurs who provide various tangible and intangible services to farmers and improves the scenario in rural sector development of the economy. The share of agriculture and allied sector to GDP of the economy is about 20.2 percent in 2021-2022. Banks are also contributing indirectly in the success. But still there is some gap between the available opportunity and achieved success rate. In this paper our concern is only to focus on the role of banks in success of Agriclinics and Agribusiness centre scheme.

Published Paper   E-Certificate

NANDINI SINGH & Dr. Brijesh Kumar (May-2022). ROLE OF BANKS IN SUCCESSFUL IMPLEMENTATION OF AGRICLINICS AND AGRIBUSINESS CENTRE SCHEME. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 7(5), 34-47. https://ijnrd.org/papers/IJNRD2205004.pdf

Volume 7 Issue 5, May-2022

Pages : 34-47

Paper Reg. ID: IJNRD_181243

Published Paper Id: IJNRD2205004

Downloads: 000121985

Research Area: Management

Country: Prayagraj, Uttar Pradesh, India

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