Kisan Credit Card Scheme: Current Affairs, GK & News - 2020-2021

HDFC Bank launches Shaurya KGC Card

Published: August 15, 2020

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 ..

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Rs 90000 Cr Sanctioned under Kisan Credit Card Scheme to the Farmers

Published: July 27, 2020

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 ..

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GoI launches Kisan Credit Card scheme for Dairy Farmers

Published: June 2, 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 ..

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NABARD releases Rs 20,500 crores of funds for Kharif and pre-monsoon operations

Published: May 19, 2020

On May 18, 2020, the National Bank of Agriculture and Rural Development (NABARD) released Rs 20,500 crores. The funds will act as front-loading resources to the cooperative banks and the Regional Rural Development Banks (RRBs). Highlights The funds have been released to help farmers in Kharif operations and also in their pre monsoon preparations. Of ..

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Rs 20,000 lakh crore of Atma Nirbhar Bharat Abhiyan: Second Tranche Announced

Published: May 14, 2020

On May 14, 2020, the Finance Minister Nirmala Sitaraman announced the second tranche of the Rs 20,000 lakh crore economic package under Atma Nirbhar Bharat Abhiyan. Highlights The second tranche of the economic package focuses on migrant workers, small traders, street vendors, self-employed. The second part of the scheme is to be implemented in nine ..

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