IDEAS home Printed from https://ideas.repec.org/p/ajy/icddwp/8.html
   My bibliography  Save this paper

Credit Exclusion of the Poor: A Study of Cultivator Households in India

Author

Listed:
  • Manojit Bhattacharjee
  • Meenakshi Rajeev

Abstract

In India, about 55% of the workforce is dependent on agriculture and most of these cultivators, being small or marginal farmers, require financial help on a regular basis for their farming activities. Needless to say, such poor farmers suffer from irregular and volatile income. As these households do not possess adequate savings, accessibility to financial resources at reasonable terms and conditions is becoming a crucial parameter for their productive activities and hence, in turn, their well-being. Based on the household level data provided by the National Sample Survey Organisation (NSSO) of India, this paper examines the nature of exclusion faced by farmer households in credit market across selected prominent states of India.The paper also tries to identify the factors that explain exclusion from access to financial resources by developing a methodology for detection of credit exclusion. It is observed from this analysis that economic development and education increase access to financial resources.

Suggested Citation

  • Manojit Bhattacharjee & Meenakshi Rajeev, 2013. "Credit Exclusion of the Poor: A Study of Cultivator Households in India," ICDD Working Papers 8, University of Kassel, Fachbereich Gesellschaftswissenschaften (Social Sciences), Internatioanl Center for Development and Decent Work (ICDD).
    • Handle: RePEc:ajy:icddwp:8
    as

    Download full text from publisher

    File URL: https://kobra.uni-kassel.de/bitstream/handle/123456789/11803/ICDD_Working_Paper_No8.pdf?sequence=1&isAllowed=y
    File Function: First version, 2013
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Narayanamoorthy, A. & Kalamkar, S.S., 2005. "Indebtedness of Farmer Households Across States: Recent Trends, Status and Determinants," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 60(3), pages 1-13.
    2. Priya Basu, 2006. "Improving Access to Finance for India's Rural Poor," World Bank Publications - Books, The World Bank Group, number 6927.
    3. Manojit Bhattacharjee & Meenakshi Rajeev & B.P. Vani, 2009. "Asymmetry in Information and Varying Rates of Interest," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 3(4), pages 339-364, October.
    4. Manojit Bhattacharjee & Meenakshi Rajeev, 2010. "Interest rate formation in informal credit markets in India: does level of development matter?," Global Development Institute Working Paper Series 12610, GDI, The University of Manchester.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tulika Bhattacharya, 2018. "Farmers in Peri-Urban Regions:Socio-Economic Changes and Access to Finance Study for Indian Economy," ICDD Working Papers 23, University of Kassel, Fachbereich Gesellschaftswissenschaften (Social Sciences), Internatioanl Center for Development and Decent Work (ICDD).
    2. Manojit Bhattacharjee & Meenakshi Rajeev, 2014. "Accessibility to Credit and its Determinants: A State-level Analysis of Cultivator Households in India," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 8(3), pages 285-300, August.
    3. Ghosh, Saibal & Vinod, D., 2017. "What Constrains Financial Inclusion for Women? Evidence from Indian Micro data," World Development, Elsevier, vol. 92(C), pages 60-81.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Manojit Bhattacharjee & Meenakshi Rajeev, 2014. "Accessibility to Credit and its Determinants: A State-level Analysis of Cultivator Households in India," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 8(3), pages 285-300, August.
    2. Rajeev, Meenakshi., 2015. "Financial inclusion and disparity : a case of India," ILO Working Papers 994883243402676, International Labour Organization.
    3. Manojit Bhattacharjee & Meenakshi Rajeev & B.P. Vani, 2009. "Asymmetry in Information and Varying Rates of Interest," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 3(4), pages 339-364, October.
    4. Rajeev, Meenakshi & Vani, B.P., 2014. "Uncertainty, risk and risk mitigation: Field experiences from farm sector in Karnataka," Working Papers 320, Institute for Social and Economic Change, Bangalore.
    5. Rajeev, Meenakshi & Vani, B P & Bhattacharjee, Manojit, 2012. "Nature and Dimensions of Farmers’ Indebtedness in India," MPRA Paper 42358, University Library of Munich, Germany.
    6. repec:ilo:ilowps:488324 is not listed on IDEAS
    7. Olofsgård, Anders & Joshi, Shareen & Desai, Raj M, 2016. "Can the Poor Be Mobilized? Cooperation and Public Goods in Rural India," SITE Working Paper Series 40, Stockholm School of Economics, Stockholm Institute of Transition Economics.
    8. M. Mahadeva, 2008. "Financial Growth in India," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 2(2), pages 177-197, June.
    9. Singh, Sukhpal & Bhogal, Shruti & Singh, Randeep, 2014. "Magnitude and Determinants of Indebtedness Among Farmers in Punjab," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 69(2), pages 1-14.
    10. Bhattacharjee, Manojit & Rajeev, Meenakshi, 2014. "Is access to loan adequate for financing capital expenditure?: A household level analysis on some selected states of India," Working Papers 315, Institute for Social and Economic Change, Bangalore.
    11. Desai, Raj M. & Olofsgård, Anders, 2019. "Can the poor organize? Public goods and self-help groups in rural India," World Development, Elsevier, vol. 121(C), pages 33-52.
    12. Shigufta Hena Uzma & Suvendu Kr. Pratihari, 2019. "Financial Modelling for Business Sustainability: A Study of Business Correspondent Model of Financial Inclusion in India," Vikalpa: The Journal for Decision Makers, , vol. 44(4), pages 211-231, December.
    13. Jaikumar, Saravana & Singh, Ramendra & Sarin, Ankur, 2018. "‘I show off, so I am well off’: Subjective economic well-being and conspicuous consumption in an emerging economy," Journal of Business Research, Elsevier, vol. 86(C), pages 386-393.
    14. Meenakshi Rajeev & Manojit Bhattacharjee & B P Vani, 2015. "Crop Insurance and Risk Mitigation: Experiences from India," ICDD Working Papers 15, University of Kassel, Fachbereich Gesellschaftswissenschaften (Social Sciences), Internatioanl Center for Development and Decent Work (ICDD).
    15. Filipiak, Ute, 2016. "Trusting financial institutions: Out of reach, out of trust?," The Quarterly Review of Economics and Finance, Elsevier, vol. 59(C), pages 200-214.
    16. Meenakshi Rajeev & B.P. Vani & Veerashekharappa, 2017. "Self-help groups for India’s financial inclusion: Do effective costs of borrowing limit their operation?," ICDD Working Papers 19, University of Kassel, Fachbereich Gesellschaftswissenschaften (Social Sciences), Internatioanl Center for Development and Decent Work (ICDD).
    17. Faisal Buyinza & John Mutenyo & Anthony Tibaingana, 2018. "Factors Affecting Access to Formal Credit by Micro and Small Enterprises in Uganda," Athens Journal of Business & Economics, Athens Institute for Education and Research (ATINER), vol. 4(4), pages 405-424, October.
    18. Kundu, Raj Kumar & Chattopadhyay, Apurba Kumar, 2020. "Financial Performance of Major and Medium Irrigation Projects in India - Some Issues," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 0(Number 2), April.
    19. Kundu, Amit & DAS, SANGITA, 2021. "Accessibility of Institutional Credit among the Agricultural Labour Households and its Impact on their Livelihood," MPRA Paper 112791, University Library of Munich, Germany, revised 03 Mar 2022.
    20. Saravana Jaikumar & Ankur Sarin, 2015. "Conspicuous consumption and income inequality in an emerging economy: evidence from India," Marketing Letters, Springer, vol. 26(3), pages 279-292, September.
    21. Bhole, Bharat & Ogden, Sean, 2010. "Group lending and individual lending with strategic default," Journal of Development Economics, Elsevier, vol. 91(2), pages 348-363, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ajy:icddwp:8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Webadmin The email address of this maintainer does not seem to be valid anymore. Please ask Webadmin to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/ickasde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.