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Abstract
Agriculture plays a major role in the economic growth of India. Agriculture is the source of employment for over seventy percent of population in our country. To meet the supplies of the growing population and quickly developing economy, agriculture has to grow fast and get reorganized. This requires the use of high pay off inputs. The implementation of high yielding varieties requires large quantities of fertilizers, plant-protection chemicals, modernized equipments, and machineries, which in turn needs huge investment. The rural agricultural sector of the economy is labor-abundant, land-poor and capital scarce. So it would be very difficult to get the benefits of innovation of agriculture without adequate and timely supply of credit to the farmers. Agricultural growth is crucial for alleviating rural poverty. Access to institutional credit to more farmers and appropriate quantity and quality of agricultural credit are crucial for realizing the full potential of agriculture as a profitable activity.