4 Institutional Agencies of Rural Credit in India
The following points highlight the four institutional agencies of rural credit in India. The agencies are: 1. Government 2. Co-Operative Credit Societies 3. Land Mortgage Banks 4. Commercial Banks. Agency # 1. Government: In India, the Government has been providing loans to agriculturists under the Land Improvement Act, 1883 and the Agriculturists Loans Act of 1884. Since Independence, Government has [...]