Utilization Pattern of Kisan Credit Card Scheme: A Comparative Study of Punjab and Haryana

Kisan Credit Card (KCC) emerged as an innovative credit delivery mechanism to meet out production credit requirements of the farmers in a timely and adequate manner.The present investigation was carried out during the year 2021-22, in two purposively selected Mansa district of Punjab state and Sirsa district of Haryana state.The results revealed that the share of all categories of farmers in full utilization of loan amount was higher in Punjab as compared to Haryana which indicates that the farmers of Punjab were utilizing their loan amount for the intended purpose.The study showed that 41.99 per cent of loan amount was fully utilized by farmers of Punjab whereas only 37.92 per cent was fully utilized by Haryana farmers.The maximum loan amount was misutilized by the large farmers of Haryana (71.38%) and minimum amount of loan (38.49per cent) was misutilized by medium farmers of Punjab.Large farmers of Haryana misutilized the share of their loan amount more than farmers of Punjab in majority of the activities namely social ceremonies, settling old debt, capital expenditure, plot purchasing and other expenditures except house construction and non-farm business.