Government to Organize Special Camp to Distribute Kisan Credit Card to Farmers in This State

The Jharkhand government will host a massive KCC distribution camp in every block headquarters of Hazaribagh district on June 23 to offer financial assistance to the farmers.

To reach the KCC distribution target, Hazaribagh deputy commissioner Nancy Sahay convened a meeting of Block Development Officers (BDO'S) in the deputy commissioner office's conference hall.

During the discussion, the deputy commissioner stated that the farmers are always the government's top priority. The administration has chosen to hold this camp in every block in the district, as directed by the state government.

She told the officers that they had to finish all of the plans in the time allotted. So that everyone who is qualified receives their benefits on schedule. The KCC (Kisan Credit Card) distribution objective for fiscal year 2022-23 is 66,571. Until present, the KCC has been associated with 2,24,902 farmers in the area.

She has advised the BDOs to speak with the banks in order to boost the KCC target in each block of the district. She also suggested that the BDOs use publicity to raise awareness of the KCC's benefits among the villages.

She further stated that on the day of the camp, the officers must register the names of the Birsa farmers and present them with the KCC profit. She stated that on the same day, each block must transmit the mega camp report to the district headquarters.

What is Kisan Credit Card

The Kisan Credit Card scheme is a government of India scheme that gives farmers access to credit on a timely basis.

The KCC plan was created to guarantee that farmers in the agricultural, fishery, and animal husbandry sectors have access to loans. This was accomplished by helping them in obtaining short-term loans and providing them with a credit limit for the purchase of equipment as well as other costs.

Moreover, farmers who use KCC are exempt from the high-interest rates associated with traditional bank loans, while the interest rate for KCC starts at 2% and averages at 4%. Farmers can repay their loans using this system based on the harvesting period of the crop for which the loan was given.