An Overviews on Kisan Credit Card in India

For Agriculture Productivity, credit is a necessary input. India is an agricultural based economy. The Kisan Credit Card seeks to farmers with timely and offer appropriate funds in a flexible and cost effective manner. The inauguration of the Kisan Finance Card Scheme is a watershed movement in Indian agricultural credit history. Kisan Credit Card which was first introduced in 1998-99, allows farmers to purchases agricultural supplies such as seeds, fertilizers and insecticides as well as withdraws cash to meet their production related needs. The Kisan Credit Card Scheme was designed to make it easier for borrower to obtain short-term credit from formal Financial Institutions. Secondary data was collected and evaluated in this research project to examine the growth and variations of the Kisan Credit Card in terms of number and amount sanctioned from 2017 to 2022. The data was analyzed and a conclusion was reached.