ROLE OF NABARD AND CENTRAL BANK OF INDIA IN EFFECTIVE OF IMPLEMENTATION OF KCC SCHEME IN VIDARBHA REGION.

Abstract: This research paper examines the role of the National Bank for Agriculture and Rural Development (NABARD) and the Central Bank of India in the effective implementation of the Kisan Credit Card (KCC) scheme in the Vidarbha region of Maharashtra, India. The KCC scheme, designed to provide timely and hassle-free credit to farmers, has faced challenges in its implementation. This study analyses the trend of agricultural advances by the Central Bank of India from 2014 to 2024, revealing fluctuations influenced by various factors, including policy changes, economic conditions, and external events like the COVID-19 pandemic. While recent years show positive growth in agricultural credit, the study highlights the need to address persistent challenges faced by farmers in accessing and utilizing KCCs. The research emphasizes the importance of understanding the specific roles of NABARD and the Central Bank of India in policy formulation, fund allocation, credit disbursement, and farmer outreach. By analysing these institutional roles alongside farmer experiences, the study aims to identify key challenges and propose policy recommendations to enhance the KCC scheme's effectiveness, ultimately improving agricultural productivity, financial inclusion, and the economic well-being of farmers in Vidarbha.