Factors Determining Kisan Credit Card Beneficiary and Non-Beneficiary Farmers in the Farm Economy of Tamil Nadu: An Application of Cobb-Doulas Model

Abstract

Agriculture presence a noteworthy area of the Indian economy represents 14 percent of the Nation's Gross Domestic Product, around 11 percent of its fares, about portion of the populace calm rely upon farming as its significant wellspring of pay and it is a wellspring of crude material for an enormous number of initiatives. A quickening the development of agriculture making is so fundamental to not just achieve an overall GDP focus of 8 percent during the twelfth Plan yet additionally to satisfy the expanding need for food and upsurge the pay of those dependent on farming. The financial changes likewise featured the requirement for creative credit mediations from institutional organizations to help farmers. Institutional credit has assumed an extremely critical function in the improvement of farming area. The general advancement of rustic area is hard to be quickened except if sufficient credit is made accessible on schedule. Along these lines, the arrangement of credit must have a high need in any plan of country advancement in India. It is fundamental that credit for inputs be accessible to the agriculturists at a sensible loan fee and at appropriate time. Truth be told, acknowledge went about as a way to give authority over assets to empower farmers to obtain the necessary investment for expanding farming creation. The cycle of economic changes stressed on the need of developing some novel credit intercessions from the financial basics to help the farmers. Therefore this paper investigates factors determining Kisan Credit Card beneficiary and non-beneficiary in the farm economy in Tamil Nadu.