New Delhi, September 20 (MExN): Union Finance Minister, Nirmala Sitharaman and Union Agriculture Minister, Narendra Singh Tomar unveiled initiatives focused on agri-credit (KCC &MISS) and crop insurance (PMFBY/RWBCIS) on September 19.
An update from the PIB stated that the Ministry of Agriculture & Farmers Welfare launched three initiatives, namely the Kisan Rin Portal (KRP), KCC Ghar Ghar Abhiyaan, an ambitious campaign aiming to extend the benefits of the Kisan Credit Card (KCC) Scheme to every farmer across the nation and a manual on Weather Information Network Data Systems (WINDS). These initiatives aim to revolutionize agriculture, enhance financial inclusion, optimize datautilization, and improve the lives of farmers across the nation.
Delivering the keynote address, Union Minister Sitharaman assured full cooperation of banks for success of Ghar Ghar KCC Abhiyan. She also called for full automation of regional rural banks and cooperative banks and directed Department of Financial services to study the gap between loan sanction and loan disbursement for these banks.
Union Minister, Narendra Singh Tomar informed that there are around 9 crore beneficiaries under PM Kisan Samman Nidhi and the aim of KCC Ghar Ghar Abhiyaan is to connect around 1.5 crore beneficiaries who are not yet connected to KCC scheme.
Ritesh Chauhan, JS (Credit) and CEO, PMFBY made a detailed presentation on the initiatives. He informed that Pradhan Mantri Fasal Bima Yojana (PMFBY) has seen record enrolment this year because of technological interventions made.
The launch was also attended by Minister of State for Agriculture Sushri Shobha Karandlaje and Kailash Chaudhary, Secretary Agriculture, Manoj Ahuja, Secretary DFS, Vivek Joshi, OSD(Credit), Ajit Kumar Sahu, CEO-PMFBY, Ritesh Chauhan, Chairman NABARD, Shaji KVand many dignitaries from allied departments and agri-sector.