Lok Sabha Question No. 227 (STARRED), answered on 2022-08-02
Subject: Kisan Credit Card Scheme
Ministry: FISHERIES, ANIMAL HUSBANDRY AND DAIRYING
Asked by: V. Kalanidhi, Kripanath Mallah

## GOVERNMENT OF INDIA MINISTRY OF FISHERIES, ANIMAL HUSBANDRY AND DAIRYING DEPARTMENT OF FISHERIES

## LOK SABHA

STARRED QUESTION NO. 227 TO BE ANSWERED ON 02 nd  AUGUST, 2022

## Kisan Credit Card Scheme

## *227.   DR. KALANIDHI VEERASWAMY: SHRI KRIPANATH MALLAH:

Will  the  Minister  of FISHERIES,  ANIMAL  HUSBANDRY  AND  DAIRYING मत्स्यपालन , पशुपालन और डेयरी मंत्री be pleased to state:

- (a) the features of the Kisan Credit Card (KCC) Scheme ;
- (b) the details of the funds sanctioned, allocated and utilized under this scheme during the last three years and the current year, State-wise including Assam and Tamil Nadu;
- (c) the details of the targets set and achievements made so far, State-wise including Tamil Nadu along with its response;
- (d) whether  the  Government  is  proposing  to  provide  KCC  to  poor  fishermen  who  are unable to give any collateral and if so, the details thereof; and
- (e) the time by which it is likely to be done?

## ANSWER

THE MINISTER FOR FISHERIES, ANIMAL HUSBANDRY AND DAIRYING

(SHRI PARSHOTTAM RUPALA)

(a) to (e): A Statement is placed on the Table of the House

*****

## Statement referred to in reply to the Lok Sabha Starred Question No 227 put in by Dr. Kalanidhi Veeraswamy, Shri Kripanath Mallah, Hon'ble Members of Parliament for answer on 2 nd  August, 2022 regarding 'Kisan Credit Card Scheme'

(a) to (c) : The  Kisan  Credit  Card  (KCC)  scheme  was  introduced  in  1998-99,  as  an innovative credit delivery mechanism which aims at adequate and timely credit support from the banking system to farmers for their cultivation and other needs as indicated below:-

- (i) To meet the short term credit requirements for cultivation of crops;
- (ii) Post-harvest expenses;
- (iii) Produce marketing loan;
- (iv) Consumption requirements of farmer household;
- (v) Working capital for maintenance of farm assets and activities allied to agriculture;
- (vi) Investment credit requirement for agriculture and allied activities.

The Banks extend the crop loans through KCC as per the guidelines issued in terms of Reserve Bank of India (RBI)'s Master Circular on Kisan Credit Card Scheme dated July 04, 2018. The KCC facility has been further extended to Animal Husbandry farmers and Fisheries for their working capital requirements vide RBI's circular dated February 04, 2019.

The ceiling on loan under KCC is arrived at on the basis of Scale of Finance (SOF), fixed by State/District level Technical Committee. Based on local cost worked out on the basis of per acre/ per unit/ per animal /per bird etc. 10% escalation / increase of limit is factored in for every successive year (2 nd - 5 th year). RBI vide notification dated 07.02.2019 has raised the limit for collateral free agricultural loans from Rs. 1 lakh to Rs. 1.6 lakh. This is also applicable for loans availed by the farmers under the KCC scheme.

Ministry of Agriculture & Farmers' Welfare, Government of India is implementing a Modified Interest  Subvention  Scheme (MISS) to provide  short term agri and allied  loans availed by farmers  through  KCC  at  concessional  rate  of  interest  to  meet  their  working  capital requirements. Under this scheme short term loans for agriculture and allied activities including animal husbandry, dairy, fisheries etc upto Rs.3.00 lakh is available to farmers at an interest rate of 7% per annum. Besides, additional 3% incentive is given to the farmers for prompt repayment of loans, thereby, reducing the effective rate of interest to 4% per annum. In case of  short  term  loan  availed  for  allied  activities  including  Fisheries,  Animal  Husbandry  and Dairying, etc., only the loan amount upto Rs. 2.00 lakh is available at the interest rate of 7% per annum with a provision of additional 3% incentive as prompt repayment incentive.

Under Atma Nirbar Bharat package announced on May 12, 2020, a target to cover 2.5 crore farmers with credit flow of about Rs.2.00 lakh crore was set. Special drive was undertaken to provide Kisan Credit Cards to eligible and willing farmers with special focus on PM KISAN beneficiaries. The Ministry of Agriculture & Farmers' Welfare has reported that the target to cover 2.5 crore farmers was achieved in October, 2021 and as on 08.07.2022, 327.87 lakh new KCC applications have been sanctioned with a sanctioned credit limit of Rs. 3,72,537 crore as part of the drive.

The details of loan amount outstanding in respect of KCC loan availed by farmers during the last three years and the current year, State-wise including Assam and Tamil Nadu is furnished at Annexure -I. Further, details of funds allocated and released during last three years and current year under Modified Interest Subvention Scheme (MISS), as reported by the Ministry of Agriculture and Farmers Welfare are as below:

(in Rs.Crore)

| S. No.           | Year             | BE               | RE/Final Grant   | Release          |
|------------------|------------------|------------------|------------------|------------------|
| 1.               | 2019-20          | 18,000.00        | 16236.86         | 16,218.75        |
| 2.               | 2020-21          | 21,175.00        | 19831.75         | 17,789.72        |
| 3.               | 2021-22          | 19,468.31        | 21,476.933       | 21,476.933       |
| 4.               | 2022-23          | 19,500.00        | 19,500.00*       | 3040.45*         |
| *as on 28.7.2022 | *as on 28.7.2022 | *as on 28.7.2022 | *as on 28.7.2022 | *as on 28.7.2022 |

(d) to (e) : In accordance with the guidelines issued by the Ministry of Finance on 24 th September 2021, the collateral free KCC loan upto Rs. 1.6 lakh is applicable to all KCC card holders including the poor fishermen.

****

Statement refer to in reply to part (a) to (c) of the Lok Sabha Starred Question No. 227 for answer on 2nd August, 2022: Details of loan amount outstanding in respect of KCC loan  availed  by  farmers  during  the  last  three  years  and  the  current  year,  State-wise including Assam and Tamil Nadu.

|                                                     | Amount outstanding (Rs. in crore)                   | Amount outstanding (Rs. in crore)                   | Amount outstanding (Rs. in crore)                   | Amount outstanding (Rs. in crore)                   |
|-----------------------------------------------------|-----------------------------------------------------|-----------------------------------------------------|-----------------------------------------------------|-----------------------------------------------------|
| Name of State/UT                                    | 2019-2020                                           | 2020-2021                                           | 2021-2022                                           | 2022-23                                             |
| (i)                                                 | (ii)                                                | (iii)                                               | (iv)                                                | (v)                                                 |
| Andhra Pradesh                                      | 45427.06                                            | 49539.49                                            | 52278.76                                            | 56125.41                                            |
| A &NIslands                                         | 63.27                                               | 24.38                                               | 33.95                                               | 45.46                                               |
| Arunachal Pradesh                                   | 321.47                                              | 78.63                                               | 61.99                                               | 76.23                                               |
| Assam                                               | 5534.67                                             | 4292.52                                             | 3755.06                                             | 3896.06                                             |
| Bihar                                               | 19352.84                                            | 20394.7                                             | 17384.68                                            | 17580.87                                            |
| Chandigarh                                          | 395.41                                              | 392.82                                              | 297.26                                              | 107.24                                              |
| Chhattisgarh                                        | 7974.6                                              | 6496.01                                             | 8553.75                                             | 9798.43                                             |
| D &NHaveli and Daman &Diu                           | 16.53                                               | 16.94                                               | 21.98                                               | 30.48                                               |
| Goa                                                 | 321.72                                              | 101.24                                              | 113.95                                              | 110.41                                              |
| Gujarat                                             | 45589.35                                            | 50680.57                                            | 52120.59                                            | 56942.61                                            |
| Haryana                                             | 44477.73                                            | 46109.71                                            | 45355.9                                             | 48050.21                                            |
| Himachal Pradesh                                    | 5352.7                                              | 6462.32                                             | 6626.16                                             | 7309.32                                             |
| Jammu &Kashmir                                      | 4907.88                                             | 5299.87                                             | 6518.13                                             | 6291.87                                             |
| Jharkhand                                           | 4713.53                                             | 5177.54                                             | 4488.49                                             | 4647.62                                             |
| Karnataka                                           | 43959.22                                            | 47530.16                                            | 46089.63                                            | 175227.1                                            |
| Kerala                                              | 17670.9                                             | 19285.56                                            | 26745.06                                            | 27953.85                                            |
| Ladakh                                              | 0                                                   | 0                                                   | 281.01                                              | 4225.76                                             |
| Lakshdweep                                          | 848.27                                              | 2.37                                                | 2.65                                                | 376.03                                              |
| Madhya Pradesh                                      | 64220.97                                            | 68852.18                                            | 68227.34                                            | 68616.25                                            |
| Maharashtra                                         | 55604.03                                            | 52386.77                                            | 55635.2                                             | 62094.33                                            |
| Manipur                                             | 138.12                                              | 140.46                                              | 101.45                                              | 110.91                                              |
| Meghalaya                                           | 481.87                                              | 317.65                                              | 290.35                                              | 320.02                                              |
| Mizoram                                             | 141.52                                              | 119.12                                              | 191.31                                              | 268.64                                              |
| Nagaland                                            | 594                                                 | 140.89                                              | 147.06                                              | 153.44                                              |
| New Delhi                                           | 102.57                                              | 84.97                                               | 95.35                                               | 55.55                                               |
| Odisha                                              | 17623.18                                            | 19050.78                                            | 19320.09                                            | 20321.21                                            |
| Puducherry                                          | 861.86                                              | 187.86                                              | 175.13                                              | 236.91                                              |
| Punjab                                              | 58302.96                                            | 58746.75                                            | 54526.01                                            | 55779.63                                            |
| Rajasthan                                           | 79153.68                                            | 81230.85                                            | 84637.19                                            | 94586.72                                            |
| Sikkim                                              | 147.59                                              | 38.61                                               | 33.97                                               | 46.43                                               |
| Tamil Nādu                                          | 24212.48                                            | 26377.94                                            | 19864.5                                             | 31610.83                                            |
| Telangana                                           | 32309.26                                            | 37378.09                                            | 39821.38                                            | 40611.37                                            |
| Tripura                                             | 807.5                                               | 568.37                                              | 518.39                                              | 512.74                                              |
| Uttar Pradesh                                       | 109295.15                                           | 116409.3                                            | 118065.6                                            | 123033.66                                           |
| Uttarakhand                                         | 6702                                                | 6177.95                                             | 7110.67                                             | 6687.61                                             |
| West Bengal                                         | 11960.85                                            | 13480.07                                            | 13642.86                                            | 13783.82                                            |
| Source: RBI for PSBs &NABARD for RRBs &Cooperatives | Source: RBI for PSBs &NABARD for RRBs &Cooperatives | Source: RBI for PSBs &NABARD for RRBs &Cooperatives | Source: RBI for PSBs &NABARD for RRBs &Cooperatives | Source: RBI for PSBs &NABARD for RRBs &Cooperatives |