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India's Kisan Credit Card scheme supports farmers with affordable loans, sanctioning over 465 million applications.
The Kisan Credit Card (KCC) scheme in India is providing critical support to millions of farmers by offering timely and affordable loans for agricultural needs, with over 465 million applications sanctioned and a limit of Rs 5.7 lakh crore.
The government has increased the subsidized loan limit to Rs 5 lakh, benefiting about 77 million farmers.
Institutional credit to agriculture has nearly quadrupled under the current government, growing from Rs 7.3 lakh crore to Rs 27.5 lakh crore, bolstering farmers' financial stability and agricultural practices.
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El programa Kisan Credit Card de la India apoya a los agricultores con préstamos asequibles, aprobando más de 465 millones de solicitudes.