When was nabard set up

As on GoI introduced Kisan Credit Card Scheme during to meet the production credit requirement of farmers in a timely and hassle-free manner. The scheme was further extended for the investment credit requirements of farmers viz.

The Kisan Credit Card scheme, as revised in , aims at providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedure to the farmers for their cultivation and other needs as indicated below:. To meet the short-term credit requirements for cultivation of crops b. Post-harvest expenses c. Produce marketing loan d. Consumption requirements of farmer household e. Working capital for maintenance of farm assets and activities allied to agriculture f.

Investment credit requirement for agriculture and allied activities. The aggregate of components 'a'; to 'e' above, will form the short-term credit limit portion and the aggregate of components under 'f' will form the long-term credit limit portion.

The scheme is under implementation in the entire country through the institutional credit framework involving Commercial Banks, Regional Rural Banks and Co-operatives.

Adequate publicity and awareness campaigns were conducted under the campaign to ensure maximum coverage. As a part of the Aatmanirbhar Bharat Package, the Government has announced to cover 2. Department of Animal Husbandry and Dairying, Govt.

All stakeholders are making concerted and sustained efforts to provide access to concessional credit, to the farmers. It also helps the farm and non-farm sectors. Products IT. About us Help Center. Log In Where do you want to login? Sign Up. Income Tax Filing. Expert Assisted Services. Tax Saving. Mutual Fund Investments. It was dedicated to the service of the nation by the late Prime Minister Smt. Indira Gandhi on 05 November Set up with an initial capital of Rs. Promote sustainable and equitable agriculture and rural development through participative financial and non-financial interventions, innovations, technology and institutional development for securing prosperity.