Kisan Credit Card. There is good news for farmers. If you need money, you will be able to get it immediately. They will not have to wait long. However, this facility will be available only to Kisan Credit Card holders. The Agriculture Ministry is preparing to provide relief to the farmers. The Agriculture Ministry has already decided to form a committee for this.
According to the ministry, at present about eight crore Kisan Credit Cards have been made. This includes farming farmers as well as animal rearers. According to the data, a loan of Rs 20 lakh crore has been given to these farmers in the year 2023-24.
About two crore farmers who have received PM Kisan Samman Nidhi will get the benefit of this ‘special’ scheme, will get financial benefit.
Ministry took decision
The Ministry of Agriculture and Farmers Welfare has decided to constitute a committee to review the Kisan Credit Card Scheme. Apart from the Agriculture Ministry, Finance Ministry, NABARD, Bank and many other agencies will be included in this committee. According to the ministry, a committee will be formed soon so that the review can be done as soon as possible.
In this way Kisan Credit Card can become like ATM
The things that the committee will focus on during the review include digital delivery of Kisan Credit Card, simplification and extending the benefits of the scheme to as many farmers as possible. According to sources, digital delivery means that the necessary papers of the farmer to take loan from credit card should be digitalized. Simplification means that loan can be given easily. In this way, if all the papers are already with the bank in digital form, then it will not take time to get the loan. You can get loan immediately if needed. In this way Kisan Credit Card itself will become like ATM.
This is a special scheme of the government for women farmers, there will be direct benefit of Rs 800000, the process will start from next month.
Four things are necessary for Kisan Credit Card
First, the farmer should have Aadhaar and second, he should have a bank account. There should be a third farm, either owned or shared. That means there must be land. The fourth work is done by bank employees. They see what skills the farmer has. That means he has animals, or has planted vegetables.
These are the benefits
After making Kisan Credit Card, a farmer can take loan up to Rs 1.60 lakh without guarantee. Loan up to Rs 3 lakh is available at seven percent interest rate. If returned on time, you get a discount of up to 3 percent. In this way only four percent has to be paid as interest. 12.5 percent processing fee has to be paid. This includes all types of expenses. farmer this click on link You can also take the form yourself.
,
Tags: agriculture, agriculture ministry, Kisan credit card
FIRST PUBLISHED: April 2, 2024, 09:30 IST