Determinants of Agricultural Credit Accessibility:  A Case Study of Sugarcane Farmers in Muzaffarnagar district

Garima singh

doi:10.56093/ijas.v95i11.165904

Authors

Garima singh Banasthali Vidyapith

https://doi.org/10.56093/ijas.v95i11.165904

Keywords:

Agriculture economics, Formal credit, Sugarcane farmers

Abstract

Access to credit is an important aspect that determines agriculture productivity and financial ability of the farmers. The study analyses factors that influence sugarcane farmers’ access to credit in Muzaffarnagar district, India. For this study data were collected from 390 farmers through a semi-structured questionnaire and to analyse the data, a logistic regression model has been employed.

The study examines the socioeconomic, demographic, geographical factors affecting credit accessibility among sugarcane farmers. The results showed that that education, annual income, landholding and collateral availability all have a significant effect on credit. Our results draw attention to the importance of improving financial awareness, enhancing adequate collateral, and reducing institutional barriers in order to expand credit availability. The study provides important insights for government interventions aimed at strengthening the financial security of sugarcane producers and promoting sustainable agriculture in the region.

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