Union Finance Minister chair meeting to review the progress in issuance of KCC to poor farmers

New Delhi, July 08: Union Minister of Fisheries, Animal Husbandry and Dairying, Shri Parshottam Rupala attended a meeting chaired by the Union Minister of Finance, Smt. Nirmala Sitharaman to review the progress in issuance of KCC to poor farmers from Animal Husbandry, Dairying & Fisheries Sector with Banks & RRBs.

Shri ParshottamRupala, in the meeting held yesterday, suggested a few measures for compliance by the Banks viz., all Banks must follow the Guidelines of KCC properly, the due acknowledgment for KCC application should be given to the applicants and a timeline decision on the application should be fixed.

He added that the reasons for rejection should be clearly indicated so that field officers could rectify and re-submit the forms. The Minister suggested that KCC should be given to people from Maldhari (Ghumantu) Community, who do not stay in one place and have no collateral security to offer.

He further said that KCC should be given to poor fishermen who are unable to give any collateral. The Minister said that these efforts should aim at accelerating the efforts of Ministry of Fisheries, Animal Husbandry and Dairying in full saturation of KCC in the country.

Union Minister of State for Finance, Shri Pankaj Choudhary, Secretary of Animal Husbandry and Dairying, Shri Atul Chaturvedi, Secreatay of Fisheries, Shri Jatindra Nath Swain and Secretary for Department of Financial Services, Shri Sanjay Malhotra were also present.

The Government of India in the Budget-2018-19 announced the extension of the facility of Kisan Credit Card (KCC) to fisheries and animal husbandry farmers to help them to meet their working capital needs. The KCC facility will help fisheries and animal husbandry farmers to meet their short-term credit requirements of rearing of animals, poultry birds, fish, shrimp, other aquatic organisms and capture of fish.

Departmentof Fisheries is trying to explore the possibility of extending KCC to the fishermen who are not covered at present such as those who do not own/lease boat or assets etc.

States, and  UTs is advised by the DoF to regularly monitor the progress of saturation of eligible fishers and fish farmers under KCC and follow up action must be taken with the concerned banks for removing shortcomings and ensure early sanction of KCC.

 

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