money management skills.To achieve the objectives of improving rural financial services throughout theworld, close links are maintained with many organisations and particularly withthe Regional Agricultural Credit Associations (RACAs).The FAO Rural Finance Group is also engaged with a number of other international agencies in developing a strategy for improving the flow of infomation on best practices in rural finance and relevant training materials tothose who have most need of access to this information. The result of this partnership is theRural Finance Learning Centre, an online reference andtraining centre for capacity building in rural
Institutional Finance For Agricultural Development
The credit for agriculture in India is provided both by organised and unorganised agencies. Theorganised agencies consist of co-operatives, Commercial Banks, Regional Rural Banks andGovernment. The unorganised agency consists of professional moneylenders, traders , relativesand friends, landlords and others. Moneylenders are the most important source, of late, thoughtheir position is declining in non-institutional finance. Since 1950-51 their predominace is stillcontinuing in rural areas. They freely supply credit for productive and non-productive purposes.Their methods of business are simple and elastic. But their activites are full of short-coming.They charge very high interest rates. In this study an attempt is made to know the impact of banks finance on Indian Agricultural Development.About Author :Dr. M Lakshmi Narasaiah, has been working as Professor and Head, Department of Economics,Sri Krishnadevaraya university Post-Graduate Centre, Kurnool. Andhra Pradesh. he is Post-Graduate in Economics and has secured first rank. He has received Ph.D., Degree from SriKrishnadevaray as UGC JRF and UGC SRF. Starting his professional career in 1985 as anAssistant Professor of Economics in Sri Krishnadevaray University, Anantour, he has beenactively engaged in teaching and research for the past sixteem years. He was associated with theGovernment of Andhra Pradesh, Planning Department in their centre for Planning andDevelopment studies projects. He has extensively travelled abroad. He has to his credit 190research papers published in reputed National and International Journals, a large number of book reviews, and seminar papers besides supervising M.Phil., and Ph.D., studies. he is also workingon number of research project. He has frequently participated in antional and internationalconferences.
Non-institutional sources of agricultural finance andenvironmental degradation
The issues of land clearance and intensification of agriculture cannot be seen as issues relatedexclusively, or in many cases even primarily, to loan-making decisions by formal bankinginstitutions. While banks are the principal institutional source of capital, they are not always the