Study of Kisan Credit Card as a successful agriculture credit tool

Introduction –

To provide timely and adequate credit to agricultural sector, Kisan Credit Card scheme was introduced in the year 1998. The Kisan Credit Card scheme is based on the farmers’ holdings which provides easy credit for purchasing agriculture inputs like seeds, fertilisers, pectisides. Farmers can withdraw cash for their production needs. The scheme was extended for investment credit requirement. Though scheme is introduced in 1998 the required guidelines were given by Reserve Bank of India time to time with changes made to provide easy credit to KCC holders. In 2012 Electronic Kisan Credit Card was introduce to simplify the scheme.The implementation of KCC scheme is given to all commercial banks, RRBs, Small finance banks and Co-operatives.