Banks have up to now sanctioned a complete of Rs 62,870 crore to over 70.32 lakh Kisan Credit score Card holders to assist them meet their kharif sowing wants. “As on 30.06.2020, 70.32 lakh Kisan Credit score Playing cards have been sanctioned with credit score restrict of Rs 62,870 crore out of Rs 2 lakh crore concessional credit score below the #Aatmanirbhar bundle. This can profit 2.5 crore farmers, together with fishermen & dairy farmers,” Finance Minister Nirmala Sitharaman mentioned in a tweet.
In Could, the federal government had mentioned that 2.5 crore farmers, together with fishermen and people concerned in animal husbandry, would get Rs 2 lakh crore of concessional credit score by way of Kisan Credit score Playing cards below its Rs 20 lakh crore financial stimulus bundle. The federal government has additionally disbursed Rs 24,586.87 crore to cooperative banks, regional rural banks (RRBs) and microfinance establishments, below particular liquidity facility by Nationwide Financial institution For Agriculture and Rural Growth (NABARD).
“As on 30.06.2020, Rs 24,586.87 cr has already been disbursed to Cooperative Banks, RRBs & MFIs below Rs 30,000 cr Particular Liquidity Facility by NABARD. This can assist three cr small & marginal farmers meet their post-harvest and Kharif sowing wants,” she mentioned in one other tweet. With regard to Rs 2 lakh crore concessional credit score to farmers, the federal government had mentioned a particular drive will likely be undertaken to offer credit score to PM-KISAN beneficiaries by way of Kisan Credit score Playing cards.
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