Indebtedness of farmers: a study of farmer borrowers of primary agriculctural credit societies in Palakkad district of Kerala state (Record no. 27986)
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| fixed length control field | 04269nam a2200181Ia 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20220325154147.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 140128s9999 xx 000 0 und d |
| 082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Classification number | 332 |
| Item number | SOW/IN |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Sowmya K.C |
| 245 ## - TITLE STATEMENT | |
| Title | Indebtedness of farmers: a study of farmer borrowers of primary agriculctural credit societies in Palakkad district of Kerala state |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc. | Vellanikkara |
| Name of publisher, distributor, etc. | Department of Rural Banking and Finance Management,College of Co-operation,Banking &Management |
| Date of publication, distribution, etc. | 2010 |
| 502 ## - DISSERTATION NOTE | |
| Degree type | MSc. |
| 520 3# - SUMMARY, ETC. | |
| Summary, etc. | The study entitled “Indebtedness of farmers: A study of farmers borrowers of<br/>Primary Agricultural Credit Societies in Palakkad District was conducted to examine<br/>the factors that contribute to the problems of indebtedness among the farmers in<br/>Palakkad District and to suggest the measures to be taken to solve the problems.<br/>The study was conducted among two PACS of Palakkad District viz.,<br/>Peruvemba Service Co-operative Bank (PACS 1) and Polpully Service Co-operative<br/>Bank (PACS 2). The sample size included 90 respondents i.e., 45 borrowers from each<br/>PACS at random, of which 76.67 per cent were defaulters and rest were nondefaulters.<br/>Ten officials (including President and Secretary) from each PACS were<br/>also interviewed to collect information on the effectiveness of the loan operation<br/>system of the PACS. Secondary data on selected performance indicators of the PACS<br/>were also used for the study. Statistical tools like Average Annual Growth Rate<br/>(AAGR), simple averages, percentages, simple growth rate, simple correlation,<br/>efficiency index, priority index and bi-variate tables were used for the analysis.<br/>The analysis revealed that inadequacy of income, natural calamities and crop<br/>failures, non availability of labourers and high wages were the main reasons for<br/>indebtedness. Faith in loan waiver or write off policy, non institutional loan and high<br/>interest rate, defective loan policies, illness of borrower or family members,<br/>ceremonies, fixation of unrealistic due and lack of access to consumption loans and<br/>diversification of income have also been pointed out as reasons behind increasing<br/>indebtedness of farmers.<br/>The study revealed that procedural delays, lack of adequate securities to<br/>hypothecate, misutilisation of loans and inadequate income restricted the borrowers<br/>from getting timely loans. It was further observed that defective loaning policy,<br/>conspicuous consumption and illness of family members as well as hope for loan<br/>write-off policy were the other reasons behind non-repayment by borrowers. Majority<br/>of the defaulters opined that the loan amount provided by PACS were insufficient to<br/>meet the project cost there by forcing the borrowers to approach other sources for<br/>finance. This inturn puts an additional burden on farmers.<br/>From the interbank comparison on the effectiveness of the present loan<br/>operation system, it was found that the loan operation system of PACS (1) is least<br/>efficient and in the case of PACS (2) it is moderately efficient. The overall<br/>performance of PACS, commitment of BODs, management, member relations, intrabank<br/>relations were appreciable. But in the opinion of the bank officials, Presidents<br/>and Secretaries there was something more to be perfected in the existing loan<br/>operation system.<br/>According to the officials and employees of PACS, the reasons for<br/>indebtedness include natural calamities, high cost of cultivation, insufficient income<br/>from agriculture, non availability of labourers etc. The mounting overdues affecting<br/>the net profit position of PACS. Misutilisation of loan due to inadequate staff for field<br/>supervision and loan appraisal was yet another problem as far as the PACS were<br/>concerned. The effectiveness of any scheme to a greater extent is correlated to the<br/>number of visits made by the bank officials to the beneficiaries. There exist a drastic<br/>need for skilled personnel for field supervision and loan appraisal. It is obvious that<br/>co-operatives are still following traditional methods and techniques of management,<br/>which has to be replaced by modern measures of management and accounting. |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Lizy M.A(Guide) |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="http://krishikosh.egranth.ac.in/handle/1/5810110469">http://krishikosh.egranth.ac.in/handle/1/5810110469</a> |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Theses |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Shelving location | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from | Koha item type |
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| Dewey Decimal Classification | KAU Central Library, Thrissur | KAU Central Library, Thrissur | Theses | 18/03/2014 | 332 SOW/IN | 173047 | 18/03/2014 | 18/03/2014 | Theses |