Extent and Magnitude of Indebtedness Among Scheduled Caste Households-A Case Study of Punjab

The objective of the present paper is to analyse the extent and magnitude of indebtedness among the Scheduled Caste households in rural Punjab. The present study is based on a sample size of 543 Scheduled Caste households of Punjab. The study has concluded that the average amount of loan per indebted Scheduled Caste household is 36, 496.64, while the average amount of loan per sampled household is 50, 044.20 in the rural areas of Punjab. The amount of loan per indebted household and per sampled household increases as the income of the Scheduled Caste household's decreases. The study further revealed the fact that the low level of income and employment prospects fail to meet the family requirements of the Scheduled Caste households.