Union Minister of Fisheries, Animal Husbandry & Dairying (FAHD) Parshottam Rupala virtually launched the ‘Nationwide AHDF (Animal Husbandry, Dairying, and Fisheries) KCC (Kisan Credit Card) campaign’ to expand the benefit of KCC to all eligible animal husbandry, dairy, and fishery farmers in India.
- The campaign, which is scheduled to be held for 3 months from November 15, 2021, to February 15, 2022, was organised by Department of Animal Husbandry and Dairying (DAHD), in association with the Department of Fisheries (DOF) and the Department of Financial Services (DFS).
- The government is targeting to enrol around 2 crore people in the next 3 months.
Note – On February 04, 2019, Reserve Bank of India (RBI) has extended the KCC facility to Animal Husbandry farmers and Fisheries to support them to meet their working capital requirements.
Key Points:
i.Over 14 lakhs fresh AHDF KCC has been sanctioned through a Special Drive which was organized in 2020 from June 1, 2020, to December 31, 2020, by the Department of Animal Husbandry and Dairying in association with the Department of Financial Services, for providing AHDF KCC to eligible dairy farmers of Milk Cooperatives and Milk Producer Companies.
ii.As there are nearly 10 crore AHD farmers and 1.5 crore fishermen across India, there is sufficient scope for expanding the AHDF KCC beyond dairy cooperatives to cover other eligible dairy farmers and other animal husbandry activities.
iii.Livestock sector comprises one-third of the agriculture and allied sector Gross Value Added (GVA) and has over 8 percent Compound Annual Growth Rate (CAGR).
About KCC scheme:
i.The KCC scheme was introduced in 1998 by the government of India in association with the RBI and the National Bank for Agriculture and Rural Development (NABARD) for the issue of KCCs to provide relief to debt-ridden farmers.
ii.The KCC scheme is being implemented by Commercial Banks, RRBs, Small Finance Banks and Cooperatives.
iii.The scheme was further extended for the investment credit requirement of farmers viz. allied and non-farm activities in the year 2004.
iv.Farmers either individual or joint borrower, Joint Liability Groups/Self Help Groups (SHG) including tenant farmers having owned /rented/leased sheds are eligible for getting benefits under the scheme.
Recent Related News:
Union Minister for Fisheries, Animal Husbandry and Dairying Parshottam Rupala launched a nationwide, river ranching programme at Brijghat, Garh Mukteshwar in Uttar Pradesh as part of the government’s efforts to boost fish production in the country.
About Ministry of Fisheries, Animal Husbandry and Dairying (FAHD):
Union Minister – Parshottam Rupala (Constituency – Gujarat)
Minister of State – Sanjeev Kumar Balyan (Constituency – Muzaffarnagar, Uttar Pradesh)
