Kisan Credit Card Current Affairs, GK & News

Kisan Credit Card

Kisan Credit Card scheme was introduced by NDA Government in August 1998 with the aim to provide adequate and timely short-term credit needs of farmers during the cropping season. It was first proposed in the Budget 1998-99 by then Finance Minister Yashwant Sinha. Consequent to this, NABARD had prepared a Model Kisan Credit Card Scheme in ..

Finance Minister announces Economic Stimulus Package 4.0

On November 12, 2020, the Finance Minister Smt Nirmala Sitaraman announced the Economic Stimulus Package 4.0. Key Highlights Production Linked Incentive Scheme for 10 sectors. Rs 1.46 trillion to be provided. Rs 6,940 crore scheme to promote manufacture of API (Active Pharmaceutical Ingredients). Rs 18,000 crores allocated to Pradhan Mantri Awas Yojana (Urban). The implementation ..

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

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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PM to launch Third Installment of PM KISAN

The Prime Minister of India, Narendra Modi will be on a two-day visit to Karnataka from Thursday, 2nd January 2019.  The Prime Minister’s visit to the state will commence at Tumkur district where he will offer his prayers at the Lingayat matha, Sree Siddaganga Matha. At the matha, the foundation stone will be laid by ..

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Improving credit flow to potential borrowers

In the modern-day of increasing globalization, global economic trends are also being picked up in India. While at one time, Indians were hesitant to borrow money for heads apart from the house, car or education which were comparatively long term and had tangible outcomes, modern living and rising standards of living mean that Indians are ..

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Is India heading towards another financial crisis?

The 2008 financial crisis brought the world to a standstill. Even India was not immune from the impact of the crisis. But the impact was limited. The aftermath effects of the crisis continued to haunt India for a longer period of time. The dark clouds of another financial crisis are looming large over India. Why ..

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