Kisan Credit Card Yojana: A Comprehensive Guide
Kisan Credit Card Yojana is a government scheme that provides farmers with credit facilities to meet their agricultural needs.
The scheme was launched in 1998 by the Government of India.
The objective of the scheme is to provide timely and adequate credit to farmers to meet their production and consumption needs.
The scheme covers all farmers, including small and marginal farmers, sharecroppers, and tenant farmers.
The credit limit under the scheme is based on the farmer's landholding, cropping pattern, and the cost of cultivation.
The card can be used to purchase inputs such as seeds, fertilizers, pesticides, and other agricultural inputs.
The card can also be used to withdraw cash for agricultural purposes.
The interest rate on the credit card is lower than the prevailing market rate.
The card is valid for five years and can be renewed.
The scheme has been successful in providing credit to farmers and has helped in increasing agricultural production.
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