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In the Union Budget 2025, Finance Minister Nirmala Sitharaman announces an increase in the Kisan Credit Card limit from ₹3 lakh to ₹5 lakh, aiming to enhance credit access for farmers and support agricultural growth.
Know Kisan Credit Card announcement in Budget 2025.
Finance Minister Nirmala Sitharaman on Saturday announced enhancing the limit for interest subvention scheme Kisan Credit Cards from Rs 3 lakh to Rs 5 lakh.
What Is A Kisan Credit Card?
The Kisan Credit Card (KCC) is a government-backed scheme in India that provides short-term credit to farmers for agricultural needs. It offers low-interest loans for purchasing seeds, fertilizers, and other farming essentials, with a flexible repayment period. The card also covers insurance benefits and can be used for allied activities like fisheries and animal husbandry. It helps reduce farmers’ dependency on high-interest informal loans and promotes financial inclusion.
News business » economy Kisan Credit Card: Budget 2025 Hikes Limit From Rs 3 Lakh To Rs 5 Lakh
