A Peer-=
Reviewed
International Jour=
nal of Humanities &
Social Science
I
Im<=
i>p
Volume-=
IV, Issue-II,
October 2015, Page No. 45-51
Publishe=
d by Dept. of
Bengali, Karimganj College, Karimganj,
Assam, India<=
span
style=3D'font-size:11.0pt;font-family:"Cambria","serif";mso-bidi-font-famil=
y:
Cambria;mso-bidi-language:BN-BD'>
=
Website: http://www.thecho.in
Role of Assam Gramin Vikash Bank in changing the economic condition=
of
the farmers in the Nalbari District
Dr. Amarendra Talukdar
A= ssociate Prof., Dept. of Commerce, Gauhati Commerce College, Guwahati, Assam, India<= o:p>
Abstract=
The
Royal Commission on Agriculture quoted that “The Indian Peasant is born in
Debt, lives in Debt, dies in Debt and bequeaths Debt”. Thus need for credit
arises as it injects life into lifeless agriculture, resulting in enhanced =
crop
productivity which benefits both the farmers and the country.
Nalbari District is situated in th=
e North
West part of Assam. In 2011, the percentage of rural population was 89.28%.=
The
district has 18 branches of Assam Gramin Vikash Bank ( AGVB), the only
restructured Regional Rural Bank (RRB) of the North Eastern Region was set =
up
on 12th January, 2006 by amalgamating the erstwhile Pragjyotish
Gaonlia Bank, Lakhimi Gaonlia Bank, Cachar Gramin Bank & Subansiri Gaon=
lia
Bank as per provision under section 23 (A) of RRB Act, 1976. The Assam Gramin Vikash Ban=
k also
has been trying to help the farmers by catering to their financial needs for
the development of agriculture.
Under
such circumstances, we feel the necessity to study the impact of agricultur=
al
loans by the Assam Gramin Vikash Bank in changing the condition of the farm=
ers
in the said district.
Key Words:
Agricultural loan, Debt, Credit, Regional Rural Bank (RRB), Assam Gr=
amin
Vikas Bank.
Introduction
Agriculture plays a predominant role in a developing country like In=
dia
where above 50% of people are entirely` dependent on agriculture.
Nalbari District is situated in the =
North
West part of Assam. The district consists of 7 Development Blocks namely, T=
ihu,
Madhupur, Barbhag, Barkshetri, Barigog-Banbhag, Pub Nalbari and Paschim
Nalbari. In 2011, total population of the district was 7,71,639. The percentage of rural population was
89.28%. The main occupation of the people living in the district is
agriculture. They grow mainly Paddy, Wheat, Pulses, Mustard, Sugarcane, Jut=
e,
Tobacco, Potato, Ginger, Turmeric, Vegetables, Horticultural crops, etc. The
district has 18 branches of Assam Gramin Vikash Bank. Assam Gramin Vikash Bank (AGVB), the only
restructured Regional Rural Bank (RRB) of the North Eastern Region was set =
up
on 12th January, 2006 by amalgamating the erstwhile Pragjyotish
Gaonlia Bank, Lakhimi Gaonlia Bank, Cachar Gramin Bank & Subansiri Gaon=
lia
Bank as per provision under section 23 (A) of RRB Act, 1976. The Head Offic=
e of
the Bank is situated at G.S. Road, Bhangagarh, Guwahati-781005, Assam. The operational area of the Assam
Gramin Vikash Bank consists of the entire area of operation of the aforesaid
four pre-amalgamated RRBs which cover 25 districts out of 27 districts in t=
he State
of Assam, barring only the two hill districts, viz. Karbi Anglong and North
Cachar Hills. The Bank has been included in the second schedule of RBI Act =
1934
vide Notification No. RPCD.CO.RRB No. 7430/03.05 100/2008-09 dated 27.01.20=
09.
The Assam Gramin Vikash Bank also has been trying to help the farmer=
s of
Nalbari district by catering to their financial needs for the development of
agriculture.
Significance =
of the
Study
The significance of the study lies i=
n the
fact that it enquires about the role played by the Assam Gramin Vikash Bank
towards the development of agriculture in the Nalbari district. This study =
is
an attempt to find out the involvement of the Assam Gramin Vikash Bank in t=
he
development of agriculture in the Nalbari district.
=
=
=
=
=
Objectives of=
the
Study
The
objectives of the research work are to study the following aspects.
ü&nb=
sp; To study about the changes =
in the
economic conditions of the farmers after the use of the loan sanctioned by
Assam Gramin Vikash Bank.
ü&nb=
sp; To study the contribution o=
f the
Assam Gramin Vikash Bank in improving the ability of the farmers to enjoy s=
ome
basic facilities in their day to day life.
Research Methodology
Ø&nb=
sp; Nature
of Research:Ø&nb=
sp; Manner
of selecting the sample units:
Sample units have been selected from the branches of Assam Gramin Vikash Ba=
nk
and members of farming community (randomly selected) of 3 selected Developm=
ent
Blocks of Nalbari District, Assam. The sample beneficiaries have been selected randomly from the villages
from three development blocks, namely, Paschim Nalbari Development Block, T=
ihu
Development Block and Barbhag Development Block. The list of sample
farmers has been taken from the concerned branch of the Assam Gramin Vikash
Bank.
Ø&nb=
sp; Size
of the Sample: The individual respondent constitutes o=
f 200
samples taken from the 3 selected Development Blocks of Nalbari District on
random sampling basis.
Ø&nb=
sp; Sources
of information: The information and data fo=
r the
study have been collected by making a sample survey with the help of=
a
structured questionnaire and some personal interviews among the sample beneficiaries in the Nalbari
district.
Ø&nb=
sp; Analysis
and interpretation of Data: The analytical study of the conditio=
ns
of the farmers before and after taking the loans have been made on the basi=
s of
the information and data collected after interviewing the sample farmers. <=
/span>The Primary data collected
through structured questionnaire are presented with the help of table, grap=
hs
etc.
Periodicity
of the Study
The
periodicity of the study is from January, 2013 to December, 2014, i.e. the
study covers a period of two years.
Limitation of=
the
Study
From the above Table as well as the pie chart, it is clear that after
the investment of the loan taken from the Assam Gramin Vikash Bank 41 perce=
nt
of the sample farmers are not able to improve their economic condition. The
economic condition of 38 percent of the sample farmers have been improved in
the range of 1-50 percent and that of 12.50 percent of the sample farmers, =
improvement
in the economic condition is 51-100 percent. Further it is clear from the T=
able
that the economic condition of 8.50 percent of the sample farmers has been
improved above 100 percent. Thus, we can conclude that after the investment=
of
the loan taken from the Assam Gramin Vikash Bank the economic condition of =
the
majority (59 percent) of the sample farmers have been improved.
It is also found from the survey that the farmers those who are not
doing well are mainly small and marginal farmers whose interest is not to u=
se
the loan for the development of the agriculture rather to misuse the amount=
of
loan. Though, about 59 percent surveyed sample farmers doing positively (go=
od,
better, best) only 47 percent surveyed sample farmers repay the loan after =
the
demand made by the Bank. About 53 percent surveyed sample farmers do not th=
ink
of repaying the loan already taken.
=
2.
<=
/span> Every people have some desire in their=
life
to satisfy their mind. To fulfill these desire people always try to avail s=
ome
basic minimum facilities to be enjoyed by them. These basic minimum facilit=
ies
include a dwelling house in minimum good condition, capabilities to send all
children (above 6 years of age) to school, to meet up=
the
medical expenses, to use pure drinking water, to have sanitation facilities=
, to
have balance diet, to use electricity, etc. It is found from the primary su=
rvey
that before taking the loan most (66 percent) of the farmers were not able =
to
enjoy these facilities because majority of the farmers belongs to poor clas=
s.
But due to the improvement in the economic condition of the farmers after t=
he
investment of the loan taken from the Assam Gramin Vikash Bank most (55
percent) of the farmers are now capable to enjoy the basic minimum faciliti=
es
stated above.
Findings
1.
After the investment of the loan tak=
en
from the Assam Gramin Vikash Bank the economic condition of the majority (59
percent) of the sample farmers have been improved.
2.
Due to the improvement in the econom=
ic
condition of the farmers after the investment of the loan taken from the As=
sam
Gramin Vikash Bank most (55 percent) of the farmers are now capable to enjoy
the basic minimum facilities.
Conclusion
=
The Assam Gramin Vikash Bank is for the cause of the development of
agriculture. It has been helping the farmers for the development of the
agriculture like a mother who nourishes her children for the development of
their future.
References
Role of Assam Gramin Vikash Bank in
changing the economic condition … =
Amarendra Talukdar