"kisan-credit-card"

Narendra Modi said farmers are the backbone of India's food security and prosperity, highlighting government initiatives such as PM-Kisan, Fasal Bima Yojana, Kisan Credit Card and PM-KUSUM aimed at boosting incomes, reducing costs and improving agricultural productivity

Nirmala Sitharaman says the Kisan Credit Cards would facilitate short-term loans for 7.7 crore farmers, fishermen, and dairy farmers

Shah noted that the states in the Council are important centres of agriculture, animal husbandry, grain production, mining, water supply, and tourism.

The frictionless credit initiative being piloted by the Reserve Bank is helping lenders slash their customer acquisition cost by a whopping 70 per cent

An annual financial benefit of Rs 6,000 is provided to eligible beneficiary farmer families, payable in three equal four-monthly installments of Rs 2,000 each.

Under KCC, loans are provided at a subsidised rate to the farmers for seeds, irrigation purposes, crop production, land preparation, fertilisers and other requirements.