Kashmir Indepth

87.03 Kisan Credit Cards with credit limit of Rs 1.76 lakh crore sanctioned to farmers as on 29th January 2021

Srinagar, Feb 09 (KINS):  Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs Tuesday said that a special drive to cover farmers under Kisan Credit Card (KCC) is going on from February 2020.
As per the information furnished by Public Sector Banks & NABARD, 187.03 lakh KCC with credit limit of Rs 1.76 lakh crore have been sanctioned to farmers across the country during this drive upto 29th January 2021.
This was stated by Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs in a written reply to a question in Rajya Sabha today.
In order to ensure that all eligible farmers are provided with hassle-free and timely credit for their agricultural operations, the Government has introduced the Kisan Credit Card (KCC) Scheme to enable the farmers to purchase agricultural inputs such as seeds, fertilisers, pesticides, etc.
The KCC Scheme has been simplified further w.e.f. 2012, which has the provision of ATM enabled debit card with, inter alia, facilities of one-time documentation, built-in cost escalation in the limit, any number of withdrawals within the limit, etc.
The total number of KCC issued in the country as reported by RBI (Scheduled Commercial Banks) & NABARD (Cooperative Banks & RRB) during last three years are given at Annexure-I & Annexure-II respectively.(KINS)

Related posts

Resume MGNREGA works with SoPs to kick-start rural economy: Advisor Baseer Khan to DCs

Kashmir Indepth

Light snowfall in many parts of Kashmir, min temp rises

Kashmir Indepth

124 Kashmiris joined militancy since Jan 2019

Kashmir Indepth

Police, army, agencies responsible for gun culture in Kashmir: Er Rasheed

Kashmir Indepth

Allotment of Residential accommodation at Jammu / Srinagar

Kashmir Indepth

Director Agriculture Kashmir visits Patalbagh Pulwama

Zainab Hamdani

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy