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2-youths-surrender-in-kandhamal-in-connection-with-journalist-sons-death-case

Published By : Pradip Subudhi
2-youths-surrender-in-kandhamal-in-connection-with-journalist-sons-death-case

New Delhi, March 11: More than 7.72 crore Kisan Credit Cards (KCCs) are currently in operation across India, with a total credit disbursal amounting to Rs 10.2 lakh crore, according to data released by the Central Government.

As part of the Kisan Credit Card (KCC) initiative, 457 banks have been integrated into the platform. This includes 37 commercial banks, 46 regional rural banks, and 374 cooperative banks, showcasing a robust and diversified delivery model designed to offer widespread geographic coverage. The platform aims to provide inclusive access to institutional credit for farmers across the country.

The government data also highlights that a total of 1,998.7 lakh Kisan Credit Card applications have been processed. Of these, 631.5 lakh were through commercial banks, 337.2 lakh via regional rural banks, and 1,030.0 lakh through cooperative banks. This broad participation underscores the crucial role cooperative banks play in extending agricultural credit, especially at the grassroots level.

The KCC scheme's extensive reach facilitates farmers’ access to institutional credit, which is vital for supporting agricultural activities and allied sectors by providing affordable and timely financial resources.

The government also provided data on the progress in animal husbandry, where an impressive 55.08 lakh out of 55.9 lakh applications were approved. This reflects the sector's broad eligibility, effective screening processes, and strong policy backing. Furthermore, 39.22 lakh applications were successfully sanctioned, translating into significant credit flow.

Similarly, the fisheries sector showed promising results, with 6.83 lakh applications received and 6.77 lakh approved. Out of these, 4.82 lakh applications were sanctioned, indicating successful conversion of demand into credit access.

These outcomes emphasize the growing integration of allied sectors into formal credit systems, further strengthening the foundation of India’s agricultural financing ecosystem.