Pandey, Ghanshyam and Jaiswal, Jagriti
Tenancy and credit issues of farmers in rural Andhra Pradesh
- Economic and Political Weekly
- 59(23), Jun 8, 2024: p.36-43
Credit plays an important role in agricultural development and the promotion of farmers’ livelihoods. Many tenant farmers in Andhra Pradesh have died by suicide in recent years due to poor returns and heavy agricultural debt. This paper examines the determinants of tenancy and indebtedness along with the extent and magnitude of the debt of agricultural households. The authors find that a significant proportion of loans are taken from informal agencies at usurious rates of interest. Income and irrigation are the major indicators that determine tenancy, while loan use for unproductive purposes, irrigation, rate of interest, natural disasters, and crop insurance are directly related to the quantum of indebtedness.- Reproduced
https://www.epw.in/journal/2024/23/special-articles/tenancy-and-credit-issues-farmers-rural-andhra.html