A Study on the Effectiveness of Agricultural Finance and its Opportunities to Enhance the Standard of Living of Small Farmers - with Reference to Chengalpattu District

Abstract

This paper examines and analysis the effectiveness of small farmers in receiving agricultural finance, as well as their opportunities to improve their living conditions in Chengalpattu District. This article presents the descriptive study that serves as the foundation for a quantitative and conceptual framework approach to improving the living conditions of small farmers belonging to Chengalpattu District. Primary data were gathered through a random sampling method of survey from 200 small farmers. The variables in this study paper's elements are very reliable, and overall reliability is taken into account for future research. The majority of respondents are male and public limited banks formally help them financially. Opportunities have the highest significance value out of the three criteria. In structural equitation modelling, financial opportunity significantly raises the living standard of small farmers, while there is no relationship between problems and living standard. The emphasis of this study is on the improvement of small farmers' living conditions and their favourable impact on agricultural financial potential. Therefore, to improve the growth of small farmers, the government and financial institutions must put new plans into place and provide adequate financial and technological support. The distribution sample size for this study is 200 respondents, and it is only focused on small farmers in the Chengalpattu District. It is possible to conduct an additional study on medium- and large-scale farmers in various districts, and there are other factors to consider for future research.......