Year: 2015 | Month: June | Volume 60 | Issue 2
Two-tier Co-operative Credit Structure in Manipur: An Overview
Janee Yumlembam
Ram Singh
S. M. Feroze
DOI:10.5958/0976-4666.2015.00042.X
Abstract:
Serving the Indian society since 1904; the cooperative credit structure has proved itself to be the life blood of the Indian economy and the mechanism as well as the booster for many a developmental programs especially in agriculture dominated rural sector by playing a pivotal role in triggering the welfare of common individual, financing his business and other personal needs. The paper is an effort to provide an overview of the two tier co-operative credit structure, of Manipur of NEHR in order to reveal its performance with special reference to operation, recovery performance, financial performance and loan delinquency rate for last 12 years (2000-01 to 2011-12). The co-operative structure in the state shown satisfactory its growth but at the same time the loan delinquency of MSCB was observed to be in higher side which shows poor recovery of the loan from the farmers. Further, to strengthen the co-operative system study suggests opening more branches of co-operative for more outreach of loan to the remotely located villages in the state. Campaign of awareness programmes should be initiated to reduce the delinquency of loans in the state.
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