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LATEST NEWS UPDATES | Government outlays plan for credit boost to agriculture sector -Shayan Ghosh

Government outlays plan for credit boost to agriculture sector -Shayan Ghosh

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published Published on May 14, 2020   modified Modified on May 16, 2020

-Livemint.com

As announced by finance minister Nirmala Sitharaman, 25 million farmers who do not have a Kisan Credit Card will now be able to avail concessional credit

The government on Thursday decided to boost the flow of credit to the agriculture by attempting to bring more farmers under the Kisan Credit Card (KCC) scheme and through an additional outlay for farm loan refinance.

As announced by finance minister Nirmala Sitharaman, 25 million farmers who do not have a Kisan Credit Card will now be able to avail concessional credit. The government will conduct a “special drive" to bring these farmers under the ambit of KCC.

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Livemint.com, 14 May, 2020, https://www.livemint.com/industry/agriculture/government-outlays-plan-for-credit-boost-to-agriculture-sector-11589469475969.html


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