Chandigarh, February 1 (Punjab Khabarnama Bureau): The Kisan Credit Card facilitates short-term loans for 7.7 crore farmers, fishermen and dairy farmers.
The loan limit under modified interest subvention scheme has been enhanced from Rs 3 lakh to Rs 5 lakh for loans taken through the KCC.
Finance Minister Nirmala Sitharaman said: “For self-reliance in urea production, the government had reopened three dormant urea plans in the eastern region to further augment urea supply – a plant with annual capacity of 12.7 lakh metro tonnes will be set up at Namrup in Assam.”
PM Dhan Dhyan Krishi Yojana to benefit 1.7 cr farmers
Sitharaman announced PM Dhan Dhyan Krishi Yojana, covering 100 districts with low yields, modern crop intensity and below-average credit parameters.
Presenting her record eighth consecutive budget, she also said that the scheme would benefit 1.7 crore farmers.
She added the government will launch rural prosperity, and resilience programme focusing on youth, women and farmers.
Nafed (National Agricultural Cooperative Marketing Federation of India) and NCCF will procure pulses in the next four years.
The government will also roll out a 6-year programme for Atmanirbharta in pulses with a special focus on tur, urad, and masoor.
A comprehensive programme for raising vegetables, fruit production, and providing remunerative prices will also be launched, Sitharaman said.