An ambitious target to link 25.50 lakh farmers with Kisan Credit Card (KCC) has been set by March 2023

Ranchi: Under the visionary leadership of Chief Minister Hemant Soren a continuous thrust is being given to the process of linking the farmers of the state with the Kisan Credit Card (KCC). The fruition of the efforts made by the government is being reflected in the number of KCC holders that on 15th September 2022 stand at an applaudable figure of 19,18,511.

An additional 5,34,331 new KCCs have got approval after September of 2021. KCC has proven to be a blessing for the farmers of the state by providing them loans at a simplified rate. It has established itself as a boon for the farmers, who are not only getting loans that aid their agrarian practices but which also liberate them from the clutches of the moneylenders. 

Tremendous improvement has been witnessed in the agriculture loan segment due to the efforts made by the present government. A testimony of this is the sanction of more than 900 crores worth of loans by the present government, whereas only Rs 409 crore was disbursed from the formation of the state till December 2019. 

Under KCC, an amount of Rs 420.74 crores in June 2021, Rs 581.53 crores in August 2021, Rs 685.16 crores in October 2021, Rs 914.2 crores in December 2021 and Rs 1313.36 crores in April 2022 has been approved by the bank.

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