The Indian government plans to spend around Rs 20,000 crore on Kisan Credit Card (KCC) loans, according to Union Agriculture Minister Narendra Singh Tomar. The Centre will be re-launching KCC initiatives to provide loans up to Rs 3 lakh. The government has also launched the Kisan Rin Portal to help farmers avail subsidised loans under the KCC, as well as a door-to-door KCC campaign and a manual for the Weather Information Network Data Systems (WINDS) portal. The initiatives aim to provide more focused and efficient agriculture credit and support farmers in making well-informed choices.
Union Agriculture Minister Narendra Singh Tomar announced on Tuesday that the government is set to allocate around Rs 20,000 crore for Kisan Credit Card (KCC) loans.
FM urges RRBs to speed up digitisation to ensure better services in rural areas financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Finance Minister Nirmala Sitharaman has urged Regional Rural Banks (RRBs) to speed up their computerisation process to strengthen credit delivery in rural areas. She expressed concern over the slow progress of computerisation in RRBs and cooperative banks. Sitharaman also highlighted the importance of digitising RRBs and cooperative banks and stated that extending phone and internet banking facilities won t be effective without proper digitisation.
India News: The Indian government has launched three initiatives aimed at improving financial inclusion and livelihoods in the agricultural community. The initiat