Constraints of Crop Credit Beneficiaries of Primary Agricultural Co-Operative Credit Societies in Dakshina Kannada District, Karnataka

Abstract

Purpose: Farmers have great importance in our country. They give us the stuff to consume, thus we are dependent on them. Since everyone requires healthy food to survive, farmers must be trusted. The agricultural industry is crucial to the country's economic development, food security, creation of jobs, and reduction of poverty; particularly in rural areas. The primary agricultural co-operative credit societies are providing short-term and medium-term loans to the farmers. The primary reason behind the study is to understand the agricultural co-operative credit society practices and its operations, constraints faced by the farmers of PACC Society, and whether the farmers are satisfied with the services provided by the co-operative society and utilizing this credit for productive purposes or not. Methodology: The methodology used in this study is Descriptive Research, which is mainly concerned with secondary data sources. Secondary data collected from scholarly literature, books, journals, proceedings, magazines, newspapers, personal resources, libraries, websites, government records and documents. The present study was carried out in the Dakshina Kannada district of Karnataka state. The researcher collected information from secondary source. Findings: In Dakshina Kannada, the current status of co-operative society credit practices and operations were identified. Nature and disbursement of loans and advances, Beneficiary's level of satisfaction, the purpose of the credit, utilization of credit and working environment of the working staff, the level of crop credit beneficiary’s constraints, social practices, and activities were analysed. Originality: This study considered the problems faced by the members of the Primary Agricultural Credit Co-operative Society for agricultural credit. Value: This study reviewed the current status of primary agricultural credit co-operative services especially short-term crop loans to the members of the society. Paper Type: Descriptive study