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Forms of financing used by farmers in India in 2022 and 2024

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Sources

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Release date

January 2025

Region

India

Survey time period

2022 and 2024

Number of respondents

1,031 respondents

Supplementary notes

Original question: "How do you typically finance your purchase?"

The source mentioned no exact date of survey.

Values have been rounded for clarity.

Citation formats

Forms of financing used by farmers India 2022-2024

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 18, 2025

Compared to a previous survey conducted in 2022, the share of Indian farmers financing purchases through cash payments decreased significantly to ** percent in 2024. Additionally, ** percent of the respondents used bank financing during the same period. A shift towards formal credit channels such as subsidized government credit and short-term in-store credit was evident in recent years.

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