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India is predominantly an agrarian society. Agriculture is a way of life, a tradition which, for centuries, has shaped the thought, the outlook, the culture and the economic life of the people of India. Indian Agriculture has made rapid strides in the agricultural sector since Independence, particularly after the Green Revolution of the 1960s. With the country's population of more than 1 billion, inadequacies of serious long-term concern are now obvious. The 11th Five-Year Plan also indicates that agricultural development is an important component of inclusive growth approach. The growth has not been inclusive. In a similar vein, the growth in Credit Flow to Agriculture has been impressive over the years in absolute terms and yet there are many serious issues in flow of agricultural credit and evaluation of agricultural credit schemes for strengthening Indian agriculture that need to be addressed. Agriculture is a dominant sector of our economy and credit plays an important role in increasing agricultural production. Availability and access to adequate, timely and low-cost credit from institutional sources are of great importance, especially to small and marginal farmers. Government of India, in its Farm Credit Package announced in June 2004, advised banks to double credit to agriculture sector in three years, i.e., by 2006-07. In the annual budgets, Government of India announces targets for credit to agriculture to ensure adequate credit flow to the sector. The flow of agriculture credit since 2003-04 has consistently exceeded the target. Agriculture credit flow has increased from Rs. 86981 crore in 2003-04 to Rs. 468291 crores in 2010-11. The target for 2011-12 was fixed at Rs. 475,000 crore and achievement is Rs. 511029 crore, forming more than 107% of the target. The target of credit flow for the year 2012-13 has been fixed at Rs. 575,000 crore and achievement as on September 2012 was Rs. 239629 crores. The present study makes an attempt to analyze and evaluate agricultural credit schemes for strengthening Indian agriculture sector.