FACTORS INFLUENCING OVERDUES OF TRIBAL BORROWERS IN JHARKHAND STATE OF INDIA: A POLICY PERSPECTIVE

K. LAKRA¹*, S. KUSHWAHA², H.P. SINGH^3
1Department of Agricultural Economics, Institute of Agricultural Sciences, Banaras Hindu University, Varanasi - 221 005, UP, India.
²Lalit Narayan Mithila University, Kameshwar Nagar, Darbhanga - 846 004, Bihar, India.
³Department of Agricultural Economics, Institute of Agricultural Sciences, Banaras Hindu University, Varanasi - 221 005, UP, India.
* Corresponding Author : kerobim.l@gmail.com

Received : 09-04-2015     Accepted : 21-05-2015     Published : 02-06-2015
Volume : 7     Issue : 2       Pages : 450 - 453
Int J Agr Sci 7.2 (2015):450-453

Keywords : Agriculture loan, Overdues, Tribal borrowers, Discriminant function analysis, Defaulter and non-defaulter
Academic Editor : Punit Kumar Agarwal, Dr. A. Santhakumaran
Conflict of Interest : None declared

Utilization and repayment of borrowed agricultural loans has been one of the numerous of agricultural development in the developing world and India is no exception. As such, this study focused on to identify the factors which influence overdues of tribal borrowers in Jharkhand State of India. A sample of 240 borrowers was selected by multistage sampling technique for analyzing the problem of overdues. In estimating problem of overdues of the borrowers, the linear discriminant function analysis was employed and results showed that income and farm experience made the most significant contributions to the discrimination to the tune of 39.38 per cent and 15.10 per cent respectively. Other socio economic factors that contributed to the discrimination between defaulters and non-defaulters were age (11.95 per cent) land holding size (9.99 per cent), irrigation potential (9.48 per cent), amount borrowed (9.10 per cent) and family size (5.40 per cent). On the other hand education had a negative contribution of -0.40 per cent and cropping intensity has no contribution to discrimination between defaulters and non-defaulters.