Kisan Credit Card Facility Extended to Fisheries, Animal Husbandry Sectors

Union government, on 2 July, 2019 extended the facility of Kisan Credit Card (KCC) to fisheries and animal husbandry farmers to help them meet their working capital needs.

• The KCC facility will help fisheries and animal husbandry farmers to meet their short term credit requirements for rearing of animals, poultry birds and other aquatic organisms and capture of fish.
• Under KCC, interest subvention is available for animal husbandry and fisheries farmers at the rate of two per cent per annum at the time of disbursal of loan and additional interest subvention of three per cent per annum in case of prompt repayment.