AgroStar Krishi Gyaan
12 Feb 20, 01:00 PM
Krishi VaartaOutlook Agriculture
PM-Kisan Yojana Beneficiaries to Receive KCC Card in 15 Days
The central government has launched a 15-day special campaign to issue Kisan Credit Card (KCC) to the beneficiaries of the Prime Minister Kisan Samman Nidhi (PM-Kisan) scheme. In the next 15 days, all the farmers associated with this scheme will be given Kisan Credit Cards.
According to the information given by the Ministry of Agriculture, under the Kisan Credit Card Scheme, the farmer can take a loan of up to three lakh rupees from the bank on the land. This loan is available at the rate of 7%, which also gets an interest rebate of up to 3% on timely deposit. In this way, the farmers have to pay only 4% interest on timely payment on the Kisan Credit Card.
The campaign has started on February 10, 2020 and will run for 15 days. Detailed instructions in this regard have been issued to the Governments of all the States and Union Territories, the Managing Directors of all banks and the Chairman of NABARD in which detailed details of the procedure to be followed to cover the beneficiaries of PM-Kisan under KCC has given.
Source: Outlook Agriculture, 11 February 2020
If you find this information useful, Like and Share it with all your farmer friends.