Role of kisan credit card in fulfilling the agricultural credit requirements of the farmers

Priyanka Yadav; Sarita

Role of kisan credit card in fulfilling the agricultural credit requirements of the farmers

Authors
Priyanka Yadav, Sarita

Abstract
Agricultural Sector plays a vital role in the significant growth of Indian economy. It is the primary source of providing livelihood for a large population of India. The agricultural sector contributes around 17-18% to the growth of the country (India economic survey. 2018). Between April 2018-Feb 2019 agricultural exports were US $34.31 billion. The importance of this sector cannot be underestimated so as to promote the growth of Indian economy. Credit plays a pivotal role in the sustained growth of agriculture sector and also in increasing the standard of living of the rural household. Indian government has taken many steps in this regard and including providing of adequate credit to farmers. For the timely credit delivery and proper support to the farmers to fulfill their requirements. Government of India introduced the Kisan Credit Card scheme in year 1998 with the collaboration of NABARD and RBI. The intention of this paper is to bring the role of KCC in fulfilling credit requirements in agricultural sector.

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