Kisan Credit Card Scheme Current Affairs, GK & News
The aim of Kisan Credit Card Scheme (KCC) is to provide adequate and timely support from the banking system to the farmers for their short-term credit needs during their cultivation for purchase of inputs etc., during the cropping season. Credit card scheme proposed to introduce flexibility to the system and improve cost efficiency. Memorable Points:1. ..
Introduced in 1998, the Kisan Credit Card scheme seeks to provide farmers the timely access to short-term formal credit. It was created by the National Bank for Agriculture and Rural Development (NABARD) for the benefit of farmers in agriculture, fisheries and animal husbandry sector. The Central Government informed the Rajya Sabha recently that more than ..
Topics: Kisan Credit Card Scheme
The Uttar Pradesh Government is to launch Kisan Kalyan mission. What are the key features of Kisan Kalyan mission? The Kisan Kalyan mission aims to double the farmer income covering all the Assembly constituencies of the state of Uttar Pradesh. This is to be achieved through campaigns that create awareness among farmers on how to ..
The largest private sector bank in the country, HDFC Bank, launched ‘Shaurya KGC (Kisan Gold Credit) Card, a loan product for the armed forces. This is the first-of-its-kind scheme meant for the army personnel in the country and is based on the Kisan Credit Card guidelines of the government. Details of the Shaurya KGC Card ..
As per the information provided by the Finance Minister, banks have sanctioned total amount of Rs 89810 Cr to about 11 million Kisan Credit Cardholders to help the farmers meet finances for Kharif sowing and allied activities. This is part of the Rs 20.97 trillion stimulus package announced by the government and the government had ..
Month: Current Affairs - July, 2020
On June 2, 2020, the Government of India launched Kisan Credit Card campaign to help dairy farmers. The Kisan Credit cards are to be provided to around 1.5 crore dairy farmers. Highlights Under the Scheme, the Government of India is to provide Kisan Credit Cards to farmers that are associated with milk producing companies. The ..
Month: Current Affairs - June, 2020
Category: Government Schemes Current Affairs