ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Technology Transfer to Small Industry

paragraph that the banks were advised to make efforts for prompt recoveries and ensure that the total amount of overdues as at end-December 1985 is not more than what it was at the end of 1983, etc, A lay reader would certainly like to know what it was, in terms of amount, at the end of 1983; other wise it will be difficult to appreciate the significance of the RBl's advice to banks. In contrast, the annual report expresses serious concern over the problem of over- dues (see paras 191 to 193). Why this difference as between two statutory reports on a problem of serious concern? The report could have given some details to indicate the nature of the problem. Interestingly, a good bit of useful information relating to over- dues becomes available by way of answers given in the parliament in reply to questions. Lastly, it is difficult to understand why the report on banking should be loaded with such monotonous narration (spread over 50 pages) of developments in co-operative banking. No doubt, the report oh banking will have to deal with developments in cooperative banking also, considering the fact that agricultural credit continues to be the responsibility of RBI even after NABARD has come into existence. However, this docs not justify the detailed narration of all the events in the area of co-operative banking- ranging from primary co-operative banks to the setting up of study teams/working groups by NABARD. These details become available in any case in NABARD's own reports and reviews relating to the cooperative movement. The report could have confined itself (as it has done in the case of other financial institution) to RBI assistance to agriculture and rural development and viewed in that framework the role of NABARD as the apex institution. In fact this part of the report would have been more useful if only it had thrown light on the multi-agency approach to rural credit and its experience and problems in such areas as coordination, monitoring, etc. The report could have drawn upon the analyses, studies and investigations of the RBTs own rural planning and credit department.

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