Page 51 - Putting Farmers First

Credit for farmers

Record amount of Rs 15 lakh crore has been set as
the farm credit target for the year 2020-21.
Institutional credit to farmers increased from
Rs 7.3 lakh crore in 2013-14 to Rs 13.73 lakh crore
in 2019-20, saving more farmers from clutches of
private moneylenders.

Rs 2 lakh crore credit boost to 2.5 crore farmers at
reduced interest rates via Kisan Credit Cards (KCC).

A special drive to provide inexpensive credit has
been undertaken. PM KISAN database was compared
with KCC database, and farmers who were left out
have been identified and are being served.

Increasing the reach of formal credit, 1.6 crore new
farmers were covered with additional credit flow of
Rs 1.35 lakh crore in this drive.

Even allied activities like animal husbandry and
fisheries are getting Kisan Credit Cards and
benefits of interest subvention.

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