An Effective Financial Efficiency Model for Sustainable Growth of Primary Agriculture Credit Society In Rural Bengal -An Application Of Multi-Objective Fuzzy Non-Linear Goal Programming

Abstract

After the globalization and financial liberalization, financial inclusion has become an essential pre-requisite for achieving ‘Inclusive Growth’ as well as accelerating people economic and social life. Primary Agriculture Credit Society plays a dynamic role in enabling the development of financial system as well as generates job orientation in the rural market of the rural economy to achieve ‘financial inclusion’, which is the prime objective of policy makers in our economy. The basic financial services at affordable prices and their social support to the weaker section of the society are questionable due to global uncertainty. Without changing it’s main regular functions, how a PACS can sustain in future through applying different policies is a big question? Due to the various constraints like lack of infrastructure, environmental problem, geographical problem, basic education and local political problem, PACS are not able to reach the needy people in rural areas.