Analytical substantiation of the need for the development of credit and savings cooperatives in the regions

Abstract

In the course of the study, the dynamics of the volumes of financing and crediting of agriculture of the Russian Federation, federal districts and agricultural producers of the Ulyanovsk region were studied. It allowed establishing differentiated access of regions and agricultural producers to budget support funds and credit resources, to identify the negative aspects of the existing mechanism of crediting and financing agricultural production, to assess the state of debt in the agricultural sector of the country's regions and the debt burden in the sectors of the Russian economy. The authors substantiated the need for the creation and development of credit and savings consumer cooperatives in agriculture of the Ulyanovsk region. These cooperatives can serve as an alternative source of credit for the agricultural sector, will provide increased economic efficiency of agricultural producers and improve the welfare of the rural population of the region.