Purpose

This paper is an attempt to understand the pattern of credit among agricultural households in Eastern India and to identify the correlates of their access to institutional credit for policy imperatives.

Design/methodology/approach

The study uses unit-level data from the All-India Debt and Investment Survey of the 59th and 70th rounds of the National Sample Survey Office for the years 2002–2003 and 2012–2013. Cragg's double-hurdle model and the Heckman selection model are used to estimate the determinants of access to and the amount of institutional loans taken by households. These models also account for potential selection bias in the findings.

Findings

The study reveals that access to credit is strongly associated with the socioeconomic and demographic characteristics of agricultural households. However, about half of the farmers in the eastern states of India lack access to institutional credit despite the government's attempts to include them in the ambit of formal financial services. Thus, strategies for developing agriculture in Eastern India must include efforts to bring small and marginal farmers under the coverage of institutional credit.

Research limitations/implications

These data are based on the responses given by the sample households and not the experimental data. The data pertain to the year 2013.

Originality/value

The findings emphasize that strategies for developing agriculture in Eastern India must give special push to enhance small and marginal farmers' access to institutional credit.

中文翻译：

---

在印度东部的农户中研究机构信贷的获取：趋势，模式和决定因素

目的

本文试图了解印度东部农业家庭之间的信贷模式，并确定他们在政策上需要获得机构信贷的相关性。

设计/方法/方法

该研究使用了国家样本调查办公室第59轮和第70轮的2002-2003年和2012-2013年的全印度债务和投资调查的单位级别数据。Cragg的双关卡模型和Heckman选择模型用于估算家庭获得和获得机构贷款的决定因素。这些模型还说明了发现中潜在的选择偏见。

发现

该研究表明，获得信贷与农业家庭的社会经济和人口特征密切相关。然而，尽管印度政府试图将其纳入正规金融服务范围，但印度东部各州约一半的农民仍无法获得机构信贷。因此，印度东部发展农业的战略必须包括努力使小规模和边际农民受到机构信贷的覆盖。

研究局限/意义

这些数据基于样本住户给出的响应，而不是实验数据。数据与2013年有关。

创意/价值

研究结果强调，印度东部的农业发展战略必须特别推动增加小规模和边缘农民获得机构信贷的机会。