Kisan Credit Card Update: Farmers will get a concessional loan of 2 lakh crores, KCC people should avail soon!


Modi government is taking many steps to make farmers self-reliant. In such a situation, under the Atmanirbhar Bharat Abhiyan, it has decided to give a concessional loan of 2 lakh crores through Kisan Credit Card (KCC) in several special economic packages. Giving information on this, Union Minister of State for Agriculture has said that so far, 11.48 lakh farmers have registered for KCC by the Common Service Centers.



Finance Minister Nirmala Sitharaman, while giving information about the economic package of 20 lakh crore rupees, said that now the Kisan Credit Card (KCC) will be made for every farmer in the country. For this, banks will use the data of PM Kisan Samman Nidhi Yojana (PMKSNY). So that no farmer remains unhappy with this and everyone gets a credit card.

Also Read: Central Government’s big decision, now online purchase land, this app is going to be launched


Loan will be guaranteed without guarantee


Modi government has now increased the limit of granting loans without guarantee to Rs 3 lakh. Whereas earlier it was 1.60 lakh rupees. But not all farmers will get this facility. Only those farmers whose milk is purchased directly by Milk Unions can take advantage of this, this will give loan to dairy farmers associated with milk unions at a lower rate and banks will also be assured of repaying the loan on time.



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