In 2004, Government of India (GOI) has announced ‘Doubling of Agricultural Credit’ (DAC) programme to increase flow of formal source of credit to agricultural sector. The programme aim was to double the credit to agriculture sector by all formal sources of finance in merely three years with base year of 2003–04. After successful implementation of this programme and especially active involvement of CBs in this implementation, what were the changes happened in the flow of agricultural credit is the study matter of this current research paper. The Analysis of Variance (ANOVA) is used to test the framed hypothesis based on the analysis of significant difference between the mean of the two sample groups along with CAGR during different periods during 1997–98 to 2011–12.
Firstly, the share of long term credit has declined after implementation of DAC programmes. The direct and indirect credit supply data shows that CBs has supplied more credit under direct credit category to meet the target of DAC programme in Tenth FYP period and shifted to indirect credit in Eleventh FYP period but with
Agricultural, Commercial Banks, Doubling of Agricultural Credit Programme, Credit, Farmers
