Banks sanctions about ₹ 90,000 crores concessional credit to 1.1 crore KCC holders
Funds Instructor28 Jul, 2020News
On Monday 27th July 2020, Finance Minister Nirmala Sitharaman said that “banks have sanctioned ₹ 89,810 crores to about 1.1 crores Kisan Credit Card (KCC) holders to help farmers meet finances for Kharif sowing and allied activities.†As part of the ₹ 20.97 lakh crore stimulus package, the government had announced ₹ 2 lakh crore of concessional credit through KCC to 2.5 crore farmers, including fishermen and those involved in animal husbandry.
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