Finance minister Nirmala Sitharaman on Thursday announced measures to provide credit and relief to lockdown-hit farmers, including a ₹2 trillion credit scheme that will cover 25 million farmers who do not have Kisan Credit Cards and ₹30,000 crore in additional emergency working capital funding through National Bank For Agriculture and Rural Development.
Toward this, the government will begin a special drive to provide concessional credit to beneficiaries of the income support scheme PM-Kisan through Kisan Credit Cards. “Nearly ₹2 trillion concessional credit will be extended to boost the farming activity.