4. Highlight the role of institutional farm credit mechanisms in facilitating the process of land reforms in India. How can cooperative societies bring a faster change in this respect?

Approach:

♤ Firstly mention how institutional lending sources i.e. banks affected the process of land reforms - impact on moneylenders, which section of farmers benefitted the most, effect on prevailing agrarian structure etc.

♤ Also mention the failure of institutional lending sources on this front.

♤ Mention how cooperative societies have affected the same structures and whether they could bring about a faster change in agrarian structures.