Role of Kisancredit card scheme in providing agricultural finance in India: An evaluation
Dr. Ashish Mehta, Ritesh Patel
Agriculture is the main source of earnings for majority of people living in India. Moreover, almost 70 percent of the rural households depend on the agriculture and allied activities. Like other sector of the economy, agriculture sector also requires finance for development. To provide the financial support to the farmers and to meet their comprehensive credit requirement Government of India has introduced Kisan Credit Card Scheme. A Kisan Credit Card (KCC) is a credit delivery mechanism that is aimed at enabling farmers to have quick and timely access to affordable credit. It simplifies the multi-layered credit evaluation process of urban centric credit schemes. The credit limit is based on the land holding, income and credit history of the farmer. The study aims to evaluate the role of Kisan Credit Card scheme in providing agricultural finance in India with the help of secondary data collected from various sources.