New Delhi : Finance Minister Nirmala Sitharaman and Agriculture Minister Narendra Singh Tomar will launch ‘Kisan Loan Portal’ on Tuesday.
What will be the benefit of this portal?
Through this portal, Kisan Credit Card (KCC) holders will be helped in getting subsidized loans. Door-to-door KCC campaign and Weather Information Network Data System (WINDS) portal will also be launched at the event at Pusa Complex.
How many KCC accounts were there till March?
Let us tell you that till March 30, there were about 7.35 crore KCC accounts, whose total sanctioned credit limit was Rs 8.85 lakh crore.
According to official data, the government has disbursed agricultural loans worth Rs 6,573.50 crore at concessional interest rates from April to August during the current financial year so that more farmers can avail the benefits of Kisan Credit to selected non-farmers under the Pradhan Mantri Kisan Yojana. . .KCC holders have been identified.
What is KCC?
Kisan Credit Card Scheme (KCC) was launched in 1998 based on a model scheme designed by the National Bank for Agriculture and Rural Development (NABARD). Kisan Credit Card Scheme was launched with the objective of simplifying the process of obtaining adequate and timely loans for farmers. This will help farmers to purchase agricultural inputs like seeds, fertilizers, pesticides etc.
KCC also includes post-harvest expenditure, consumption requirements, credit requirements for agriculture and investment in supporting activities.
What is the eligibility of this scheme?
- individual farmer who is the owner/cultivator
- who is a sharecropper and sharecropper farmer
- Self-help groups of sharecroppers, farmers, tenant farmers etc.
- Farmers are involved in activities like crop production or animal husbandry.
- Fish farmers, fishermen, SHGs, JLGs and women groups
- Fishermen who have a registered boat or any other type of fishing boat and who have the necessary license or permission to fish in estuaries or in the sea.
- Farmers who rear chickens and also those who rear sheep, rabbits, goats, pigs etc.
- Dairy: Farmers, dairy farmers, SHGs, Zalags and tenant farmers who own, lease or rent sheds.