RBI Grade BNABARD ESISEBI
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Context:
“RBI MPC Unpacked: Key Theory Meets Today’s Macro Trends”Tap to play · from the C4S channel
The Kisan Credit Card (KCC) scheme provides a single-window facility offering both working capital and investment credit to farmers engaged in cultivation, animal husbandry, and fisheries.
Key Statistics for FY24-25 (FY25)
- Operative KCCs:
- Declined by 2.7% compared to the previous financial year.
- Outstanding Credit Amount:
- Increased by 4.5%, crossing ₹6 trillion.
Significance
- The KCC scheme supports farmers by providing timely credit for agricultural activities and allied sectors.
- Despite a dip in the number of active KCCs, the rise in outstanding credit indicates increased utilisation or higher credit limits per card.
- Monitoring this trend helps assess credit accessibility and financial inclusion in rural India’s agricultural economy.
