GOVERNMENT OF INDIA
Ministry of: Finance

Department Of: Financial Services

Rajya Sabha
Unstarred Question No 1658

To Be Answered On 04.08.2015
Review of Kisan Credit Card Scheme


1658. SHRI RAJEEV CHANDRASEKHAR

Will the Minister of FINANCE be pleased to state:-

(a) whether the Ministry has taken cognizance of the latest socio-economic and caste census which reported that eighteen years since the introduction of the scheme, only 3.6 per cent farmers have Kisan Credit Cards (KCC);
(b) the details of the amount of funds allocated to the KCC scheme and the amount of funds spent over the last eighteen years;
(c) the reasons for the failure of the KCC scheme; and
(d) the steps being taken by the Ministry to review the scheme and improve overall availability of credit to farmers?

ANSWER
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI JAYANT SINHA)


(a): The Socio-Economic and Caste Census, 2011 has only indicatedthe total no. of Households not having certain basic parameters which, inter alia, includeKisan Credit Cards (KCCs) with credit limit of over Rs. 50,000/-.
Hence the Census does not provide complete picture of KCC penetration in the country as the assessment of crop loan component under KCC Scheme is, inter alia, based on Scale of Finance, which varies from State to State and crop to crop. Moreover, the extant KCC guidelines provide for a flexible limit of Rs. 10,000/- to Rs. 50,000/- for marginal farmers to be provided (as Flexi KCC) based on the land holding and crops grown including post- harvest warehouse storage related credit needs and other farm expenses, consumption needs, etc.

The number of live/operative KCCs as on 31-03-2015 issued by banks are as under:
(No. in lakhs)

Cooperative Banks & RRBs

Commercial Banks

Total

521.96#

225.25*

747.21

Source: RBI & NABARD
# As on 30.4.2015
* As on 31.03.2015