Credit facility for horticultural sector in India – An empirical study

Abstract views: 291 / PDF downloads: 80


  • TUHIN NARAYAN ROY Uttar Banga Krishi Viswavidyalaya, Pundibari, West Bengal 736 165, India
  • PINAKI ROY Uttar Banga Krishi Viswavidyalaya, Pundibari, West Bengal 736 165, India


Agricultural credit, Growth trend, Horticulture, Investment, Schemes


Working with the secondary sources of empirical data (2009–10 to 2018–19), the present study tries to show the status of agricultural credit facility with special reference to horticultural sector in India. Tabular analysis with simple compound annual growth rate (CAGR) has been done in 2020. In case of crop loan (short-term credit), agriculture and horticulture have no difference and the system of delivery is also similar. Horticulture finance includes loans for development of fruit orchard, poly-house, green house development and marketing of such produce. Agricultural credit is vital in India for 86.2% small and marginal farmers for capital formation. Financial support in horticulture was lacking. Productivity credit inter alia as evinced in term of growth rates of area (CAGR=1.56%), production (CAGR=2.72%) and productivity (CAGR=1.28%) shows better performances compared to agriculture. But fund allotment in government (govt.) budget for horticulture remains almost constant (CAGR=0.86%). Study suggested for more investment (public and private) in horticulture since it contributes 29.2% of agricultural GDP and provides nutritional security. Popularization of microcredit, farmers’ awareness and improve technologies for delivery of institutional loan can be ensured. Diversion of crop loan must be checked. Study also highlights different govt. schemes for overall development of the horticulture sector.


Download data is not yet available.


Amin I U and Jan A. 2017. Financing the Apple Industry of Jammu and Kashmir: A Review of Literature IOSR. Journal of Business and Management (IOSR-JBM) 19(4): 17–22.

Choudhary S K. 2013. Contribution of National Horticulture Mission in Agricultural Development, International Journal of Advanced Research in Management and Social Sciences 2(6): Retrieved from

Das A, Senapati M and John J. 2019. Impact of Agricultural Credit in Agricultural Production – An Empirical Analysis in India, Retrieved from

Dev S M. 2012. Small Farmers in India: Challenges and Opportunities. Indira Gandhi Institute of Development Research, Mumbai. Retrieved from

Gulati A and Juneja R. 2019. Agricultural Credit System in India : Evolution, Effectiveness and Innovations, No 292565, Working Papers from University of Bonn, Center for Development Research (ZEF) Retrieved from

Jayan T V. 2019. Private investment in agriculture falling. Retrieved from www.the

Kshirsagar K G. 2004. Development of Post-Harvest Infrastructure for Horticultural Crops in India: An Appraisal of Soft Loan Schemes. ArthaVijnana Journal of the Gokhale Institute of Politics and Economics 46(3-4): 223

Mohan R. 2006. Agricultural Credit in India: Status, Issues and Future Agenda. Economic and Political Weekly 41(11).

Mukherjee S. 2019. Is agriculture credit being used for the right purpose? Retrieved from 24.07.20

NABARD. 2020 Report of various issues. Retrieved from www.

Nath A, Meena L R, Kumar V and Panwar A S. 2018. Post-harvest management of horticultural crops for doubling farmer’s income. Journal of Pharmacognosy and Phyto chemistry pp: 2682–90.

National Horticulture Board Report. 2019. retrieved from www.

Roy P and Bhattacharyya S. 2020. Doubling farmers’ income: Its necessity and possibilities in Indian context. Indian Journal of Agricultural Sciences 90(9): 1639–45.

RBI. 2019. Report of the internal working group on the review of agricultural credit, Retrieved from

Reddy J. 2019. Horticulture Subsidies, NABARD scheme, how to apply. Retrieved from

Report of the PRS Legislative Research, Demand for Grants 2020–21 Analysis: Agriculture and Farmers’ Welfare, Retrieved from

Roy T N. 2016. Review of Institutional Agricultural Credit Facilities for Growth of Agriculture and Related Problems in India – A Longitudinal Analysis. (In) Proceedings of International Conference on Agriculture, Food Science, Natural Resource Management and Environmental Dynamics: The Technology, People and Sustainable Development. BCKV and Krishi Sanskriti, August 13–14.

Roy T N. 2016. Review on access of small and marginal farmers to improved seeds in India, Economic Affairs 60(4): 713–19.

Roy T N. 2017. Study on Access to Farm Credit by the Small and Marginal Farmers in India under the Policy on Priority Sector Lending (PSL). Economic Affairs 62(1): 39–45.

Roy T N. 2017. Is Agriculture Diversified for Sectoral Transformation – An Empirical Study in Coochbehar District of West Bengal. Journal of Crop and Weed 12(3): 121–27.

Sachidananda R. 2018. As a horticulture boom pushes up farm incomes, here are two key missing pieces, Retrieved from

Sendhil R. 2012. Production and export performance of onions–An exploratory study. Agriculture Situation in India 69(7): 355–62.









How to Cite

ROY, T. N., & ROY, P. (2022). Credit facility for horticultural sector in India – An empirical study. The Indian Journal of Agricultural Sciences, 92(2), 175-179.