1.22 crore Kisan Credit Cards sanctioned with credit limit of Rs. 1,02,065 crore under the special saturation drive

New Delhi, Aug 21:In an effort to buffer the agricultural sector from the shock of COVID-19, a special saturation drive is underway to provide concessional credit to farmers through Kisan Credit Card (KCC). As on August 17, 1.22 crore KCCs have been sanctioned with credit limit of ₹ 1,02,065  crore. This will go a long way in reviving the rural economy and accelerating agricultural growth.

It may be recalled that as part of the Aatma Nirbhar Bharat Package, the Government had announced provision of a concessional credit of ₹ 2 lakh crore which is likely to benefit  2.5 crore farmers, including fishermen and dairy farmers, PIB release stated.