Kisan credit card for dairy farmers, take advantage of loans up to Rs 3 Lakh at interest rates of 2-4%

Union Minister Purshottam Rupala say it Kisan credit card will also be offered to dairy producers. This will allow them to obtain loans of up to Rs 3 Lakh at reduced interest rates.

On the occasion of the National Milk Day celebrations in Anand, Gujarat, Purshottam Singh Rupala, the Union Minister of Fisheries, Livestock and Dairy also launched online IVF laboratories for cattle breeding in Hessarghata in Karnataka and in Dhamrod in Gujarat in addition to the distribution Gopal Ratna Prize.

“PM Modi has launched a new program for breeders which will benefit them enormously. Previously, KCCs were only issued to farmers, but now they will also be issued to dairy farmers. They can avail up to Rs 3 Lakh of credit at a very low interest rate, ”Rupala said upon reception.

The Kisan credit card enables beneficiaries to obtain loans from NABARD at prices ranging from 2 to 4 percent. Rupala appreciated the cooperative movement initiated by Dr Verghese Kurien and also commended NDDB and AMUL for maintaining the legacy and tradition of cooperatives, adding that this tradition has spread to many other states and made the country the largest milk producer in the world.

Stressing that technological interventions and innovations will not only usher in improved productivity but also encourage entrepreneurship, he commissioned online IVF laboratories in Hessarghata in Karnataka and Dharod in Gujarat, in addition to launching the “Grand Start Up Challenge 2.0” and web portal for “Breed multiplication farm”.

Minister on 15e November launched a nationwide campaign in which the benefits of the Kisan credit card will be extended to all eligible ranchers, dairy farmers and fishermen in the country. The campaign will run for 3 months from November 15, 2021 to February 15, 2022.

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