A STATISTICAL ANALYSIS: EXPLORING THE NEXUS BETWEEN AGRICULTURAL CREDIT, AGRICULTURAL TECHNOLOGY UPTAKE AND AGRICULTURAL GROWTH IN PAKISTAN

Abstract

Agricultural credit is considered as the life line of agrarian sector of any nation in the world. Many farmers who are financially starved need external support in the form of bank or informal loans to run their farm operations. This is needed mostly by the farmers in developing countries including Pakistan. Agriculture is now becoming more capital intensive due to innovation but small scale farmers are unable to use technology due to less availability of finance and credit facilities. So, agricultural credit has a key role in agricultural development of a country.