Income and Occupational Structure of Regional Rural Banks Borrower Farmers

Abstract

Regional Rural Banks are setup to take banking to door steps of rural households, to avail easy and cheaper credit to weaker rural section and to generate employment in rural areas. The banks are striving hard to provide best banking service in its
command area. Indian economy is agricultural economy and real India lies in villages.
Village economy is the backbone of Indian economy. Even after 60 years of independence, the rural economy in India is still handicapped in terms of infrastructure and
other chronic problems of cultivators. In fact, economic progress and industrial development are determined by the rural sector. The present Study has been attempted to
study, the income and occupational structure of borrower farmers. This Study only examined income and occupational structure of borrower farmers of Regional Rural Bank
of Balaghat District at micro level. The study focused on reference period from 2006-07
to 2009-10, with selected branches of RRB from the 10 block of study area, total 400
farmers were selected randomly from each block, formers were selected on the basis of
their proportion in the blocks of the district. The result reveled that agriculture and
allied activities was the mainstay for 80.5 per cent of the borrowers and majority of the
sample respondent were from the income category of ‘30000 to ‘50000.