New Delhi: To enable universal access to concessional institutional credit, the Government of India has initiated for saturating all PM-KISAN beneficiaries with Kisan Credit Card (KCC). The Ministry of Agriculture & Farmer’s Welfare says this will help all such farmers to get short term loan for crop & animal/fish rearing at a maximum interest of 4% on timely repayment.
This drive has started from 10 February and will be carried out for a period of 15 days. Detailed instructions in this regard have been issued to all the State & UT Governments, MDs of all banks, and Chairman NABARD, detailing the procedure to be followed for coverage of PM-KISAN beneficiaries under KCC.
State & UT Governments and banks have been advised to prepare a list of all PM-KISAN beneficiaries who do not have KCC and approach them through line departments of the State/UT Government including Departments of Agriculture, Animal Husbandry, Panchayat & Rural Development and Panchayat Secretaries. Bank Sakhis under the NRLM scheme will also be used for motivating PM-KISAN beneficiaries to visit the concerned bank branches for this purpose.
As the KCC along with benefit of Interest Subvention has now been extended to animal husbandry and fisheries farmers also, State & UT Governments have been requested to focus on such farmers and facilitate sanction of additional credit limit or issue fresh KCC to them.
According to the Ministry, to ensure ease of application the following steps have been taken –
1. A simple one page form has been developed such that the basic data would be obtained from the bank’s record under PM KISAN and only a copy of the land record along with details of crop sown would need to be filled in.
2. The one page form shall be available along with an advertisement being published in all leading newspapers across the country, which can be cut out and filled by the beneficiaries.
3. The form can also be downloaded from websites of all Scheduled Commercial Banks (SCBs) as well as the website of the Department of Agriculture, Cooperation & Farmers Welfare, Govt. of India and PM-KISAN portal.
4. Common Service Centres (CSC) have also been authorised to fill up the form and transmit them to the concerned bank branches.
All banks have been advised to have separate counters for handling such applications and ensure issue of fresh KCC; or, enhancement of the existing KCC limit; or, activation of inoperative KCC account within the shortest possible time, not exceeding 14 days from the date of submission of application.
Progress of this drive will be monitored on a daily basis by the State/UT Govt. Activities under saturation drive in a district would be led by the District Collector with support of the Lead District Manager and DDM, NABARD.
In addition to the KCC, with a view to provide social security to the PM-KISAN beneficiaries, eligible farmers will also be enrolled for the Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Beema Yojana (PMJJBY), after obtaining their consent. These schemes provide accident insurance and life insurance, at a premium of Rs. 12 and Rs. 330 respectively for an insured value of Rs. 2 lakh in each case.
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