The Union Finance Minister and Agriculture Minister have given a big gift to the farmers last week. Actually, they have launched the ‘Kisan Loan Portal’ on Tuesday. This portal helps farmers to get subsidized loans through the Kisan Credit Card. With this, farmers will be able to get all other information related to loan distribution, interest and scheme. Let us tell you that earlier these facilities were not available through this portal.
According to the Agriculture Ministry, as of March 30 this year, about 7.35 crore farmers have KCC accounts, and the total sanctioned limit in these accounts is Rs 8.85 lakh crore. According to data released by the government, a total of loans worth Rs 6,573.50 crore have been disbursed at concessional interest rates between April and August in the current financial year.
With the aim of increasing the benefits of KCC, a door-to-door campaign is now being run and under this, the benefits will be extended to the non-KCC holder farmers under the central scheme ‘PM-Kisan’. Under this, Rs 6000 will be sent to the bank every year to each identified beneficiary.
Source: News 18
ShareKeep reading Gramophone articles daily for important information related to the agriculture sector. If you liked today’s information then do not forget to like and share.