Ranchi: Seventy percent of Jharkhand’s population lives in villages whose main source of livelihood is agriculture. In such a situation it is necessary that the farmers of the state should be provided capital for agricultural purposes such as fertilizers seeds pesticides, agricultural implements and other requirements related to agriculture. In this direction, the state government has decided that Kisan Credit Card should be made available to all the farmers of the state so that the farmers can fulfill their agricultural needs from time to time.
This Kisan Credit Card (KCC) has proved to be a boon for the farmers of the state. Through KCC farmers are being provided loans at easy rates for farming. With this while, farmers are getting help in farming they are also getting freedom from the clutches of moneylenders.
Chief Minister Hemant Soren has been very sensitive about the farmers. He has given instructions that maximum farmers of the state should be connected with KCC and its benefits should be ensured. The result of the camp organized by the government on June 23 is that 49,092 KCC applications were received in just one day till late evening and an amount of Rs 22669.99815 lakh was sanctioned for the loans of the beneficiaries.
The loan linked to the Kisan Credit Card is available to farmers at 7 percent interest which is waived by the Government of India at 3 percent interest if it is returned within the time limit. In this direction keeping in view the economic condition of the farmers here the state government is helping by giving 3 percent interest on their return on time. In this way, if the loan is returned by the farmer within the time limit the farmer has to bear the burden of only 1 percent interest. So far, the KCC of 8,96,108 farmers has been achieved with the efforts of the state government. The application form was taken by organizing a camp at the Panchayat level.
On the instructions of the Chief Minister, Mega Kissan Credit Card distribution camp was organized in all the blocks of the state on June 23 so that more and more farmers can be covered with Kisan Credit Card. Even before this, on June 08, 2022, Mega Kisan Credit Card distribution camp was organized at the district level in all the districts of the state. The farmers of the state can take advantage of the scheme by coming to the camp organized in their block. 226 crore KCC loan sanctioned in just one day is a new record in itself. This is the result of coordination and hard work between the team of the Agriculture Department and the Bank Officer.