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Credit card to 15 million dairy farmers by govt

Posted On : June 02, 2020,12:39 pm

Our Indian government will provide Kisan Credit Card to 1.5 crores to dairy farmers to milk-producing companies and milk unions within the upcoming two months 1st June-July 2020 under a special announcement.

Animal Husbandry and Dairying in association with the Department of Financial Services has asked all state milk federation, and milk unions for implementing the scheme very soon.

In India, approximately 1.7 crore farmers are associated with 230 milk unions in the country. Under the dairy cooperative movement.

The target is to cover all farmers who are already members of dairy cooperative societies and associated with various Milk Unions and those who do not have KCC. In the first phase of this campaign.

The Indian farmers who already had Kisan Credit Card dependent on their land ownership and can get their KCC credit limit enhanced, though interest subvention shall be available only to the extent of Rs 3 lakhs, said by an official of animal husbandry department.

The Prime Minister’s Atma Nirbhar Bharat package for Farmers our government has provided the special fund drive to KCC to 1.5 crores for dairy farmers. For new farmers rs 2.5 crore, new farmers, under the KCC scheme has announced by finance Minister on 15 May 2020.