000 01340pab a2200169 454500
008 180718b2003 xxu||||| |||| 00| 0 eng d
100 _aChakrabarty, Tapas Kumar
245 _aRural income: some evidence of effects of rural credit during last three decades
260 _c2003
300 _ap.225-39.
362 _aWinter
520 _aThe growth of the rural economy is an important driver of the economy as a whole. Sectoral demand matrices substantiate the importance of the rural demand to boost other activities. The present study tries to have some idea about the dynamics of the rural income, primarily caused by the availability of funds. The debate on the cost of rural credit is avoided because the availability of funds as well as the cost of funds during the period of study (1971-72 to 1999-2000) might be conceived as target variables. simple models tested indicate evidence towards the supply leading approach to rural finance. However, it might be advocated that let the market be encouraged gradually to allocate the rural finance, banking upon the sound rural production base caused by broad activities and rural finance, significantly contributed by the institutional initiatives. - Reproduced.
650 _aRural economy
650 _aCredit
773 _aReserve Bank of India Occasional Papers
909 _a64341
999 _c64341
_d64341