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LEVEL OF INVESTMENT AND FACTORS INFLUENCING THE AGRICULTURAL PRODUCTION IN MADURAI DISTRICT

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ISSN 2348-1218 (print) International Journal of Interdisciplinary Research and Innovations ISSN 2348-1226 (online) Vol. 9, Issue 1, pp: (83-87), Month: January - March 2021, Available at: www.researchpublish.com

LEVEL OF INVESTMENT AND FACTORS INFLUENCING THE AGRICULTURAL PRODUCTION IN MADURAI DISTRICT 1

Dr.A. MARIMUTHU, 2S. HEMANATH

1

Assistant Professor, PG & Research Department of Economics, Government Arts College, Melur, Madurai District

2

Ph.D.,Research Scholar (Part-time), PG & Research Dept. of Economics, Government Arts College, Melur, Madurai District.

Abstract: Agricultural credit is one of the mainly essential inputs in all agricultural improvement programmes. The establishment of agriculture finance can be not speaking into two categories such as Institutional finance and non institutional finance. The extent to which the capital investment is made by the sample farmers in agriculture and identifies the factor, which influenced the capital investment in agriculture. Both primary and secondary data have been used for the present study. Thus it could be concluded, from an analysis that, the personal factors influencing the level of capital investment in agriculture, namely, educational qualifications and the size of the family, had a role to play in establishing the level of capital investment in agriculture. Keywords: Capital Investment, farming, education, family size, agriculture.

1. INTRODUCTION Co-operatives in India had merged as they felt the need to solve the problem of credit faced by the agrarian economy; where nearly 70 per cent of the population depended on agriculture for their livelihood. Agricultural credit is one of the mainly essential inputs in all agricultural improvement programmes. The establishment of agriculture finance can be not speaking into two categories such as Institutional finance and non institutional finance. The level of capital investment in agriculture varied from farmer to farmer, farm to farm, place to place and time to time. Capital investment in agriculture was made by the farmers in various forms, such as farm lands, bunding and other land improvements including land reclamation, farm equipment, farm buildings, livestock, irrigation, poultry, storage arrangements and transport equipment. The extent to which the capital investment is made by the sample farmers in agriculture and identifies the factor, which influenced the capital investment in agriculture. In this paper an attempt has been made to analyse the relationship between the various factors and level of capital investment. OBJECTIVES OF THE STUDY 1. To analyse the level and extent of investment of agriculture in the study area. 2. To examine the factors which influence investments in agriculture of primary agricultural cooperative bank in Madurai district.

2. METHODOLOGY Both primary and secondary data have been used for the present study. A reconnaissance survey was made of the selected respondents to get acquainted with the loan amount received, utilized, repayment and the like. The field survey was conducted during 2019-20, for the purpose of collection of primary data. Capital investment in agriculture made by the farmers and the level of capital investment made were measured with the help of the components by using scaling technique.

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