Indian Journal of Economics and Development: Forthcoming Issue

Smiley face

Smiley face

Make Payments
Useful Links

Economic Analysis of Agricultural Loans from Private Sources in Maharashtra


Y.C. Sale, B.K. Mali, M.N. Waghmare, and D.P. Kaledhonkar



Indian Journal of Economics and Development
Year : 2016, Volume : 12, Issue : 1a
First page : ( 277) Last page : ( 281)
Print ISSN : 2277-5412. Online ISSN : 2322-0430.
Article DOI : 10.5958/2322-0430.2016.00076.7

Economic Analysis of Agricultural Loans from Private Sources in Maharashtra

Sale Y.C.*, Mali B.K., Waghmare M.N., Kaledhonkar D.P.
Agricultural Economics Section, College of Agriculture, Pune-411005

*Corresponding author’s email:

JEL Codes C81, Q01, Q18

Online published on 26 April, 2016.

The present exercise was carried out to study the pattern of loan acquisition from private agencies and its magnitude, the cost of loan acquisition from non-institutional agencies and overdues of such loans in Maharashtra. The major findings of the study are the share of scheduled commercial banks has increased and the share of co-operative bank has reduced within 26 years in agriculture loan. It is bad indicator that the loan outstanding and loan overdues were increased within 26 years lead to rural indebtedness. Institutional agencies were not able to satisfy consumption and social needs of farmers so they requires private loan by money lenders, traders, friends, relatives, etc. with high interest. In case of private, loan maximum loan acquired from the money lenders, in case of private agencies, the per cent gap was highest for medium farmers. Money lenders were more liberal to sanction the private loan requirement of farmers, The cost on items like stamp duty, processing fee and other sundry expenses incurred were higher in overall farmers and The private loan overdues were higher in case of small size group farmers. Majority of the farmers have taken loan from money lenders. Therefore, it is necessary that the farmers should make some investment on other subsidiary occupations like dairy, poultry, sericulture, mushroom production and the likes which will be helpful for generation of income and employment and thereby increasing their own equity/funds for the developmental activities. The extension and financing agencies have to play an important role in convincing the farmers in this regard and while framing the credit policy, the financial institutions should give more emphasis on small farmers and their credit need.

Sixth National Seminar 2020

Last of registration: 29.02.2020/Late fee ₹500
Register For Seminar 2020
Download Brochure PDF
Download Brochure JPG

Useful Downloads

News and Updates

  • Contents IJED 15(4) 2019

  • Proceeding of 22.07.2019
  • Hard copies, Indian J Econ Dev 15 (4), October-December, 2019 dispatched

Web Counter