It may be recalled that as part of the Aatma Nirbhar Bharat Package, the Government had announced provision of a concessional credit of Rs 2 lakh crore (US$ 28.37 billion) which is likely to benefit 2.5 crore farmers, including fishermen and dairy farmers.
"Believer - Humanitarian - Habit of Success" Sukumar Balakrishnan is the Founder of JB GROUP, a 500 Crore National Organization with over 150 Direct & 1200 indirect professionals operating from 5 major cities in India. Jayalakshmi Balakrishnan Group, a multi-faceted group venturing into, E- Commerce and Import-Export (INNOKAIZ), Retail and Wholesale (JB MART), Food and Beverages (KRISHNA FOODS ), Real Estate (Constructions on sites, Interior scaping, Facility Management)
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Friday, August 21, 2020
1.22 crore Kisan Credit Cards sanctioned with credit limit of Rs 1,02,065 crore under the special saturation drive
In an effort to buffer the agricultural sector from the shock of COVID-19, a special saturation drive is underway to provide concessional credit to farmers through Kisan Credit Card (KCC). As on 17.08.2020, 1.22 crore KCCs have been sanctioned with credit limit of Rs 1,02,065 crore (US$ 14.48 billion). This will go a long way in reviving the rural economy and accelerating agricultural growth.
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