HC Biswas, AGM, National Bank for Agriculture and Rural Development (NABARD) on Friday briefed about the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme during a press conference in the Deputy Commissioner Conference Hall, Dimapur. The scheme was launched to help farmers get short term loan for crops and animal/fish rearing at maximum interest of 4%.
The press conference was chaired by Dimapur DC, Anoop Khinchi.
In Nagaland, there are 1,97,000, however only 34, 226 farmers are Kisan Credit Card (KCC) holders and 1,62,774 farmers are not registered in the KCC coverage, it was informed.
In Dimapur, only 14, 183 farmers out of the 16,329 registered farmers are being benefited with PM-KISAN scheme, said Biswas.
NABARD and District Administration have urged unregistered farmers to get registered so that they can avail short term loan for crop and animal/fish rearing.
Anoop Khinchi, Deputy Commissioner while said that PM-KISAN beneficiaries’ can get credit limit up to Rs.1.6 lakh with KCC.
In order to ensure ease of application, a simplified form of single page has been developed for coverage of the scheme beneficiaries under KCC.
The farmers need to provide only a copy of the land record document, the crops sown along with the filled up form and approaching bank branch for issue of KCC to the farmers.
Biswas further added that all banks have been advised to organise special camps and provide a separate window for accepting the forms and sanctions. It was also informed that Government of India had also instructed banks to sanction the beneficiaries within the shortest possible time, not exceeding 14 days.
It can be noted that KCC benefits have now been extended to animal husbandry and fisheries, where farmers holding KCC can approach the bank for sanction of additional limit.
Meanwhile, NABARD and District Administration have also appealed the farmers to pay off the loan in time with chances of getting higher loans.