Study on the requirement, availability and utilization pattern of credit in Jaunpur district of Uttar Pradesh

Abstract

Keeping in view the importance of credit in agriculture. A study was conducted in Jaunpur district of Uttar Pradesh. Sixty borrowers and sixty non-borrowers were selected through the multistage stratified purposive cum random sampling technique. Primary data were collected through the personal interview method with the help of pre structural schedule and secondary data were collected from respective banks and offices at the district and block level. Simple tabular analyses showing percentage and average were done for the presentation of the result. A maximum of 55.47 percent loans were borrowed for crop production followed by farm machinery and equipment (16.53 percent), another purpose (20 percent) and dairy purpose 7.90 percent. Utilization of borrowed amount was done a maximum of 38.10 percent on the use of farm machinery, 30.00 percent other charges and 27.50 percent on variable inputs. Similarly in the case of dairy 55.26 percent spent on the purchase of milch animal 25.78 percent for construction and 18.94 percent concentrate feed. Expenditure in the case of machinery and implements were distributed as 46.00 percent repair and maintenance. 30 percent on purchase of minor implements and 24.00 percent on a hired charge of machinery. It was observed that expenditure on other purposes were high which should be restricted to its main objective.