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Kisan Credit Card Latest Update: Banks Asked to Give Credit Cards to Farmers; Important Details Inside

Pronami Chetia
Pronami Chetia

Amid the protest and controversy against central government's farm bills, the Modi government has set a target to distribute agricultural loans of Rs 15 lakh crore in the country by March 2021. According to recent reports, nationalized banks and cooperative societies have been advised to promptly provide Kisan Credit Cards to eligible farmers.

District Collector of Virudhunagar (Tamil Nadu), R. Kannan said this at a virtual farmers’ meet which was being held after seven months due to the COVID-19 induced pandemic. Moreover, the farmers interacted with them from the offices of Assistant Director (Agriculture) across the district.

Farmers could go for crop insurance scheme after the notification for the same was issued for agricultural and horticultural crops during the rabi season, said Uthandaraman, Joint Director of Agriculture.

According to recent reports, Public Works Department engineers were asked to remove all the encroachments before the onset of monsoon to facilitate storage of rainwater in irrigation tanks.

According to reports, efforts would be taken to provide link for the virtual meet to all the farmers so that they could take part in the meet from their homes or farms, promised the officials to farmers.

Banks will not be able to ignore KCC issue

Under the PM Kisan Scheme, a record of the land of 11 crore farmers of the country and their biometric is with the Central Government. In this case, both schemes have been linked. Due to which, now the bank officials will not be able to ignore the applicant as before. At present, there are about 8 crore farmers credit card holders in the country. The goal of the government is to get kisan credit card to all the beneficiaries of PM Kisan Scheme.

Who can avail KCC?

Now KCC is not limited to farming only, animal husbandry and fisheries will also be able to get a loan up to 2 lakh rupees under this. Any person connected with farming, fisheries and animal husbandry, even if he cultivates on someone else's land, can take advantage of it. The minimum age should be 18 years and maximum 75 years. If the farmer is over 60 years of age, then a co-applicant will also be employed. Whose age is less than 60. After filling the farmer's form, the bank employee will see if you are eligible for it.

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