International Journal of Agriculture Sciences ISSN: 0975-3710&E-ISSN: 0975-9107, Volume 9, Issue 5, 2017, pp.-3763-3766. Available online at http://www.bioinfopublication.org/jouarchive.php?opt=&jouid=BPJ0000217 Research Article IMPACT OF FORMAL CREDIT ON AGRICULTURAL DEVELOPMENT IN THE RAJASTHAN KUMAWAT RAJU1*, SINGH N.K.1 AND PRAMENDRA2* 1Department of Agricultural Economics, College of Agriculture, Swami Keshwanand Rajasthan Agricultural University, Bikaner, 334006, Rajasthan 2Department of Agricultural Economics & Management, RCA, Maharana Pratap University of Agriculture and Technology, Udaipur, 313001, Rajasthan *Corresponding Author: Email-
[email protected] Received: January 09, 2017; Revised: January 16, 2017; Accepted: January 17, 2017; Published: January 30, 2017 Abstract- The present study was conducted to analyse the impact of agricultural credit on agricultural development and constraints in advancing the agricultural credit. The study was conducted in the district of Bikaner region viz., Sriganganagar, Hanumangarh, Bikaner and Churu district. A lead bank of each selected district was selected purposively for collection of secondary and primary data in respect of agricultural loan supplied to the farmers. A sample of 30 farmers was drawn as borrower farmers from each selected district by probability proportion to the number of borrower farmers. The increasing trend was observed in the value of net worth with increase in farm size on both borrower and non-borrower farmers of the study area. At overall level about 47 to 50 per cent net worth value was higher on borrower farmers than the non-borrower farmers. The value of current assets was ranged from 1.81 to 3.82 on borrower farmers in comparison to non-borrower farmers 1.02 to 2.90.