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Kisan credit card benefits extended to Pisciculture
Why is it in the news?
- The benefits of Kisan Credit Cards (KCC) have been extended for the first time to those engaged in pisciculture in Rajasthan.
- It will provide for short-term loans to those engaged in pisciculture, while covering the cost of establishing the fisheries units and their maintenance.
More in the news
- Credits obtained through KCC will make available funds for purchasing feed for fish, meeting the cost of power and water and payment of wages to the labourers.
- A campaign had been launched to include more pisciculture unit owners, dairy farmers and animal rearers in the KCC scheme.
- Credit limit extension:
(1) Those already availing of the scheme’s benefit could get the credit limit of their cards extended.
(2) The productivity from reservoir fisheries in Rajasthan is above the national average, while the breeding and rearing of fish is also done in tanks, ponds and waterlogged areas in the State.
- About Kisan Credit Card (KCC): The scheme aims at providing adequate and timely cred it for the comprehensive credit requirements of farmers under single window for their cultivation and other needs as indicated below:
(1) To meet the short term credit requirements for cultivation of crops
(2) Post harvest expenses
(3) Produce Marketing loan
(4) Consumption requirements of farmer household
(5) Short term credit requirements of rearing of animals, birds, fish, shrimp, other aquatic organisms, capture of fish.
- Eligibility:
(1) All farmers-individuals/Joint borrowers who are owner cultivators.
(2) Tenant farmers, Oral lessees and Share Croppers etc.
(3) SHGs or Joint Liability Groups of farmers including tenant farmers, share croppers etc.
Source
The Hindu.