Determinants of rural credit in India: evidence from a large-scale sample survey

IF 1.9 Q2 ECONOMICS

INTERNATIONAL JOURNAL OF SOCIAL ECONOMICS Pub Date : 2024-08-15 DOI:10.1108/ijse-08-2022-0552

Vandana Sehgal

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引用次数: 0

Abstract

Purpose

The present study examines the determinants of households’ access to agricultural credit through institutional and non-institutional sources. The study evaluates the role of gender of the borrowers in accessing credit in rural India. Further, the paper also studies the impact of institutional variables in determining rural households’ access to credit.

Design/methodology/approach

The study used a multinomial logit model to identify the different factors that determine a farmer’s access to different credit sources.

Findings

The study reveals that substantial proportions of rural households do not access credit through any of the sources and the situation is very grim for the female-headed households (FHHs). The study highlights the importance of demographic, farm and institutional variables in determining households’ access to credit. Institutional variables significantly enhance rural credit access but favor male-headed households (MHHs). It highlights the need for policy intervention to target the specific needs of female borrowers. Further, the study also highlights the importance of adequate credit policy measures to address farmers’ vulnerability to natural disasters, mainly droughts.

Originality/value

The results of the study are based on recent unit-level data from the 77th Round of the National Sample Survey Organization (NSSO) survey. The survey covers a large number of farm households and reports information for the year 2018–2019.

Peer review

The peer review history for this article is available at https://publons.com/publon/10.1108/IJSE-08-2022-0552

查看原文本刊更多论文

印度农村信贷的决定因素：大规模抽样调查的证据

目的本研究探讨了家庭通过机构和非机构渠道获得农业信贷的决定因素。研究评估了借款人的性别在印度农村地区获得信贷中的作用。此外，本文还研究了制度变量在决定农村家庭获得信贷方面的影响。研究采用多叉 logit 模型，以确定决定农民获得不同信贷来源的不同因素。研究强调了人口、农业和机构变量在决定家庭获得信贷方面的重要性。制度变量极大地促进了农村信贷的获得，但有利于男户主家庭（MHHs）。研究强调了针对女性借款人特殊需求进行政策干预的必要性。此外，该研究还强调了采取适当信贷政策措施的重要性，以解决农民易受自然灾害（主要是干旱）影响的问题。该调查涵盖了大量农户，并报告了 2018-2019 年的信息。同行评议本文的同行评议记录可在 https://publons.com/publon/10.1108/IJSE-08-2022-0552 上查阅。

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来源期刊

INTERNATIONAL JOURNAL OF SOCIAL ECONOMICS ECONOMICS-

CiteScore

3.20

自引率

5.30%

发文量

期刊介绍： The International Journal of Social Economics publishes original and peer-reviewed theoretical and empirical research in the field of social economics. Its focus is on the examination and analysis of the interaction between economic activity, individuals and communities. Social economics focuses on the relationship between social action and economies, and examines how social and ethical norms influence the behaviour of economic agents. It is inescapably normative and focuses on needs, rather than wants or preferences, and considers the wellbeing of individuals in communities: it accepts the possibility of a common good rather than conceiving of communities as merely aggregates of individual preferences and the problems of economics as coordinating those preferences. Therefore, contributions are invited which analyse and discuss well-being, welfare, the nature of the good society, governance and social policy, social and economic justice, social and individual economic motivation, and the associated normative and ethical implications of these as they express themselves in, for example, issues concerning the environment, labour and work, education, the role of families and women, inequality and poverty, health and human development.