A Study on The Sway Of Agricultural Financing Problems Faced By Agricultural Entrepreneurs.

Abstract

Agribusiness is characterized by recurring uncertainties that present farmers with various conditions that affect their investment needs. This article tries to understand the financial problems of agricultural entrepreneurs and examines the relationship between their agricultural finance knowledge and financial problems. This study was carried out in Lucknow district of Uttar Pradesh, India. Approximately 45 farmers were reached at various sampling stages. The survey revealed that the main cause of farmers' financial problems is poor storage and poor loan application procedures, with 64% of farmers having agricultural understanding as private lenders use these funds to make a difference. Cooperation between government agencies and farmers on private loans has led to more debt. The analysis also shows that political interference can lead to NPA (non-performing loans) resulting from farmers' failure to repay their loans. When the effect of the agricultural financial information of the farmers on their financial problems is examined, it has been revealed that one of the main problems is the lack of funds and the inadequacy of external resources. Therefore, increasing the financial knowledge of farmers about agriculture can greatly reduce their financing problems.