Whether caste impedes access to formal agricultural credit in India? Evidence from NSSO unit level data

Karthick V and S Madheswaran
Additional contact information
S Madheswaran: Institute for Social and Economic Change

No 478, Working Papers from Institute for Social and Economic Change, Bangalore

Abstract: Despite many initiatives and policies that have been taken by the government on access to credit for agricultural growth, the declining share of formal credit (mainly from cooperatives and commercial banks) from 1991 to 2012 has affected marginal and small landholders’ access to credit. Besides, caste is the main predictor of economic outcomes in India that determines access to credit of marginalised communities. Hence, using large national-level unit data of NSSO (AIDIS) and bivariate probit econometric model, we have analysed whether access to cooperative and commercial banks credit is determined by caste. Our findings show that, in India, both commercial, as well as cooperative bank, discriminate against both SCs and STs in access to credit. Thus, this study endorses the critical appraisal of the existing policies of formal credit towards an increase in access to credit for better agricultural growth.

Keywords: Caste; Formal; agriculture; NSSO (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sch:wpaper:478

Access Statistics for this paper

More papers in Working Papers from Institute for Social and Economic Change, Bangalore Contact information at EDIRC.
Bibliographic data for series maintained by B B Chand ().