Volume : 6, Issue : 5, May - 2017

Composition of Indebtedness among Marginal Farmers in Sonepat District of Haryana: A Household level Analysis

Dr. Hariom Duggal

Abstract :

<p>&nbsp;<em><span style="font-size:12.0pt;mso-fareast-font-family:&#10;&quot;Times New Roman&quot;;mso-ansi-language:EN-US;mso-fareast-language:EN-US;&#10;mso-bidi-language:AR-SA">The </span></em><i><span style="font-size:12.0pt;font-family:&quot;Times New Roman&quot;,serif;mso-fareast-font-family:&#10;&quot;Times New Roman&quot;;mso-ansi-language:EN-US;mso-fareast-language:EN-US;&#10;mso-bidi-language:AR-SA">present study conducted for study the composition of indebtedness (purpose-wise) and (source-wise) among marginal farmers in Sonepat district of Haryana state and to provide suggestions to overcome the problem of indebtedness of marginal farmer households.</span></i><span style="font-size:&#10;12.0pt;font-family:&quot;Times New Roman&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;&#10;mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA"> <i>The present study is empirical nature and mainly based on primary data collected by using stratified random sampling and direct interview method and open ended schedule will prepare for data collection. The total sample size is 600 marginal farmer households. The secondary data collected mainly from National Sample Survey Organization (NSSO), Haryana statistics abstracts and Sonepat district statistics abstract. The collected data analyzed by using wind range of appropriate statistics techniques such as Percentage, Average, Ratio, Proportions, Range and Chi- Square test etc. The marginal farmer households still got 44.80percent outstanding loan from the non institutional sources, so researcher suggests that there is need to strengthener the institutional sources to make capable to decrease this dependence on the non institutional sources particularly commercial banks because maximum credit taken from this agency of institutional sources. The marginal farmer households got 54.76percent outstanding loan for the non productive purposes, which do not generate any income for marginal farmer so that the indebtedness increased and maximum loan taken for the medical purposes in the non productive purposes. The researcher suggests that special health insurance schemes are made for the marginal farmer households and encourage the marginal farmers to take productive purposes and avoid the non productive purposes loan through various educational programmes.</i></span></p>