KCC loan: The government will give KCC loan to 18 Lakh farmers of Jharkhand, the target to also increase the average amount -Jharkhand KCC loan for 18 Lakh farmers is aimed at increasing the low average loan amount

Last year, 14.5 Lakh farmers took KCC loan in Jharkhand, but the average amount is only 30 thousand rupees. The Department of Agriculture is directed to increase this amount to one lakh. In addition, a target was set by the department to give KCC loan to a total of 18 Lakh farmers. The government was instructed to give loans up to 1.60 lakhs without documents. Manoj Singh, Ranchi. The state government is constantly being made to improve the economic condition of farmers. The Minister of Agriculture, Shilpi Neha Tirkey, also instructed the farmers to set the district -savage target for giving KCC (Kisan credit card). Last year, a total of 14.5 lakh farmers in the state of KCC loan received. This time, the department set a target to give KCC loan to a total of 18 Lakh farmers. Surprisingly, the average amount to take KCC loan is only 30 thousand rupees, taking about 80 percent of farmers. In light of this, the government has instructed banks to give an average of loans to one lakh. The department also has a plan to give interest to encourage farmers to take loans. This scheme is for farmers who from time to time pay every installment of the KCC loan. A total of seven percent interest is charged on KCC. In which three percent of the central government is given and the remaining four percent are now given by the state government. 12 thousand Crore -annual KCC loan given to farmers is given to a total of 14.5 lakh farmers in the state annually, but about 40 percent of the loan NPA (non -performance assets). To save this, the government is a scheme to pay interest, so that every farmers have no problem getting a KCC loan. KCC is the responsibility of the Loan Dena Bank. There are about 22 thousand banking representatives working in the state, whose responsibility is to provide KCC loan and detailed information about it. The department has instructed to increase their activism. This time, the target of giving KCC loan up to Rs 200 crore to Jharkhand Co-operative Bank is set by the agricultural division. By December this year, loans were given to farmers up to Rs 850 crore. Banks were instructed by the state government to facilitate the KCC loan to the farmers without any documents without any document. The government has instructed banks to give KCC loan to 1.60 lakhs without any important documents so that farmers do not have to visit the banks. For this, the farmer must give his identity, Aadhaar and other documents. This time, the Department of Banks also instructed to increase the average loan capacity to one lakh. The amount of the farmers who entered into KCC loan was given to banks by the department paid for eight and a half crore interest. In the financial year 2022-23, the interest of about one million farmers who entered into the KCC loan was given to the banks by the government. This year, the amount should also be given about eight crores. This amount is given to the KCC lenders who have paid each installment of the KCC loan from time to time. If the loan of micro finances is believed by 13 thousand departmental officers, businesses that manage micro finances in the state annually give Rs 13 thousand crore to the farmers of the state. The NPA rate is negligible. While the person taking a loan has to pay interest of 23 to 32 percent to micro -financing companies. Also read KCC Loan: Jharkhand Cooperative Bank will increase the scope in giving KCC loan, the target of 200 Crores Jharkhand News: Factory must be opened in Jharkhand, now expensive, great increase in licensing fees will have to be opened, every big news in your city, now on your phone. Download the most reliable companion of Local News Afjagran Local App.