Combined Impact Of Kisan Credit Card And Pm (Kisan) Scheme On Production And Economic Capability Of Farmers In Gondia District

Agriculture is a prominent industry and livelihood provider in many countries but it is the soul of India. Agriculture needs credit for the preparation of land, sowing of seed, and finally proper care of crop and it gets ready to sell at an affordable cost. The Kisan Credit Card is a pioneer in providing agriculture loans, Kisan Samman Nidhi Yojana is another tool for providing financial support to farmers governed by the Ministry of Agriculture and Farmer Welfare. Both schemes are central sector schemes implemented where special preference is given to small and marginal farmers for providing financial assistance for attaining multiple needs. The loan amount KCC will be determined based on landholding and operational capacity of farmers, DLTC & SLTC recommended the credit limit based on the scale of production of the cardholder. The presented paper has gathered data from the Gondia district in Maharashtra. The majority of farmer respondents experienced that the scheme was moderately helpful in addressing the needs of farmers and realized that the scheme played a significant role in improving their standard of living, due to the high rate of inflation the scheme could not give any big change in their lifestyle and dependency on the Indigenous bank.