Year : 2024, Volume : 19, Issue : 1
First page : ( 136) Last page : ( 142)
Print ISSN : 2230-9047. Online ISSN : 2231-6736. Published online : 2024  18.
Article DOI : 10.5958/2231-6736.2024.00023.1

Saving and borrowing pattern of farmers of Banaskantha district, Gujarat

Jain Simple^*

Assistant Professor, Department of EECM, ASPEE College of Nutrition and Community Science, SDAU, Sardarkrushinagar, Gujarat

^*Corresponding author email id: simplejain2@gmail.com

Online Published on 18 March, 2024.

Received:  13  November,  2023; Accepted:  05  January,  2024.

Abstract

The present study was undertaken to find out the saving and borrowing pattern of farmers of Banaskantha district of Gujarat. The study was conducted in three talukas of Banaskantha district of Gujarat. Three villages from each taluka and ten women and ten men from each village were selected randomly. So, the total sample was 180 rural people including 90 women and 90 men. Interview technique was used for collecting data from the respondents. Data was analyzed by using frequency, percentage, mean score and correlation. The findings reveal that all the respondents tried to save money but due to less income they couldn't save much. Majority of the respondents (72.2%) could be able to save very little amount of their income which is less than 10 per cent. Rural people preferred to invest money in post office saving schemes, buying land and buying precious metal i.e. gold and silver which involves less risk. Besides small saving they needed to borrow money from time to time to fulfil their basic needs. This might be due to inflation and low income. Male respondents were more aware of saving and borrowing schemes and government programmes except one scheme that is SHG-bank linkage programme where women had more knowledge than men.

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Keywords

Saving, Borrowing, Farmers, Income, Knowledge.

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