Awareness of Farmers about the Primary Agriculture Credit Societies (With Special Reference of Uttar Pradesh and Uttarakhand)
Keywords:Primary Agriculture, Credit Society, Awareness of PACs, Farmers, Financial Institution
Primary Agriculture Credit Society is a basic unit and smallest cooperative credit institution in India. It works on the grass-root level (gram panchayat and village level). Primary Agriculture Credit Society is formed at the village or town level. It is the old cooperative credit system of India. Primary Agriculture Credit Society was designed to be a village-level credit society into which the farmers brought in share capital, deposits, and provide loans to each other. This study aims to assess the Awareness of Farmers about the Primary Agricultural Credit Societies with Special Reference to Uttar Pradesh and Uttarakhand. 58% of farmers know about primary agriculture credit societies and this study will useful for the rural areas policymakers and this study will also useful for many other stakeholders.