Rs 2 lakh cr concessional credit to be extended to 2.5 cr farmers through Kisan Credit Cards: FM

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Press Trust of India New Delhi
Last Updated : May 14 2020 | 8:10 PM IST

The government on Thursday said 2.5 crore farmers, including fishermen and those involved in animal husbandry, would get Rs 2 lakh crore of concessional credit through Kisan Credit Cards under its economic stimulus package.

Announcing relief measures for small and marginal farmers hit by the COVID-19 crisis, Finance Minister Nirmala Sitharaman said an additional Rs 30,000 crore emergency working capital funding would be provided by Nabard which will benefit around 3 crore farmers.

The Rs 30,000 crore funding is over and above the Rs 90,000 crore to be provided by the National Bank for Agriculture and Rural Development (Nabard) through the normal refinance route during this year

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First Published: May 14 2020 | 8:10 PM IST

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