Abstract: Agriculture scenario in Punjab has witnessed fast transformation since the middle of 1960’s. In this process, farmers have become more capital intensive. Thus their dependence on credit has increased for meeting their agricultural requirements. In Punjab, Cooperative banks play a significant role in the development of agriculture sector. Punjab state is having a federal structure of Cooperative Banks having State Cooperative Agricultural Development Bank (SCBs) as an apex institution with district central Co-operative banks (DCCBs) at district level and Primary agriculture credit societies (PACs). In this study, an attempt has been made to examined the role of Cooperative banks in agriculture credit from 2007-2008 to 2012-13 in India and particularly in Punjab. Thus, this study examined the organisation, trend and pattern of agriculture credit and challenges faced by Cooperative banking institution in Punjab. . It can be concluded that the performance of Cooperative Banks with regard to agriculture credit in Punjab has deteriorated .There is urgent need to open new cooperative bank branches in rural area and provide all financial facilities at low cost. So Government should have the primary responsibility to open new cooperative banks branches and to ensure that its citizens have easy access to cooperative credit.
Keywords: Agriculture Credit, Cooperative Banks and KCC etc.
Title: Role of Cooperative Banks in the Development of Agriculture Sector in Punjab
Author: Palwinder Singh, Dr. Jasmindeep Kaur
International Journal of Interdisciplinary Research and Innovations
ISSN 2348-1218 (print), ISSN 2348-1226 (online)
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