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The Kisan Credit Card ( KCC) scheme is a credit scheme introduced in August 1998 by Indian public sector banks to issue kisan credit card to the farmers of India. This model scheme was prepared by the National Bank for Agriculture and Rural Development (NABARD) on the recommendations of the R. V. Gupta Committee [1] to provide advances for ...
Pradhan Mantri Gramin Aawas Yojana ( lit. 'Prime Minister's Rural Housing Scheme' ), previously Indira Awas Yojana ( lit. ' Indira 's Housing Scheme' ), is a social welfare programme, created by the Indian Government, to provide housing for the rural poor in India. [1] A similar scheme for urban poor was launched in 2015 as Housing for All by 2022.
In the absence of a physical card, customers can use the UPI as credit cards for transactions. The service was officially launched on 20 September 2022. For the first time, RuPay credit card usage topped ₹10,000 crore in a single month in December 2023, accounting for roughly 6% of the domestic credit card market. The number of RuPay credit ...
pmkisan .gov .in. Pradhan Mantri Kisan Samman Nidhi (PMKISAN, translation: Prime Minister's Farmer's Tribute Fund) is an initiative by the government of India that give farmers up to ₹6,000 (US$75) per year as minimum income support. The initiative was announced by Piyush Goyal during the 2019 Interim Union Budget of India on 1 February 2019.
The National Bank for Agriculture and Rural Development ( NABARD) is an All India Financial Institution (AIFI) [4] and an apex Regulatory Body for overall supervision of Regional Rural Banks, State Cooperative Banks and District Central Cooperative Banks in India. [5] It was established under the NABARD Act 1981 passed by the Parliament of ...
In 1998–99, NABARD introduced a credit scheme to allow banks to issue short-term and timely credit to farmers in need via the Kisan Credit Card scheme. The scheme has become popular among issuing bankers and the recipient farmers with a total credit of ₹ 339.94 billion (US$4.3 billion) made available via the issuing of 23,200,000 credit ...
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