The four deficits Before concluding this section, I would like to invite your attention to land-mark observations made by the Prime Minister in his address at 2nd Agriculture Summit on October 18, 2006, wherein he develops the four deficits theme. "When we review our agricultural situation, it is clear that there are four deficits we need to bridge.
These four deficits are (i) the public investment and credit deficit; (ii) the infrastructure deficit; (iii) the market economy deficit; and (iv) the knowledge deficit. Taken together they are responsible for the development deficit in the agrarian and rural economy." 4  BIS Review 126/2006  "However, we need more thinking on the credit front.