Suchergebnisse

The nature of interstate variations in India in the sources, uses & the cost of Ru credit is examined. Such differences are analyzed in terms of the nature of economic activity in different states, the level of economic development, the system of land tenure & other relevant factors. Variations in the nature of growth of such organized agencies as the cooperative credit societies are discussed. Various conclusions were drawn, among them: (1) the control of Ru credit by moneylenders between 1951/52 & 1961/62 had somewhat diminished in nearly all states, & the decline has been associated with the rise in the share of the cooperatives in the states, (2) personal security & immovable property were the most important assets against which loans were either borrowed or outstanding, (3) considerable variations in Ru interest rates exist among the states, & (4) the progress of agricultural credit cooperative societies was uneven among the states. Data used in the analysis were drawn from several reports issued by the Reserve Bank of India, the Government of India's Ministry of Food & Agriculture, the Ministry of Food, Agriculture, Community Development & Cooperation, the Office of the Economic Advisor, & the National Council of Applied Economic Research. 5 Tables. G. Simpson.