Understanding the Kisan Credit Card (KCC) Scheme Update
The Kisan Credit Card (KCC) scheme is a vital initiative by the Indian government to provide institutional credit to farmers. It aims to meet the short-term credit requirements for farming activities, including the purchase of inputs like seeds, fertilizers, and pesticides, as well as other expenses.
KCC Scheme Loan Limit in Union Budget 2025-26
The Union Budget 2025-26 introduced specific updates regarding the KCC scheme. A key announcement relates to the enhancement of the loan limit available under this facility.
As per the provisions announced in the Union Budget 2025-26, the new loan limit under the Kisan Credit Card (KCC) scheme has been set at 5 Lakh.
Analysis of Options
Let's review the provided options in light of the budget announcement:
- Option 1: 5 Lakh - This aligns with the announcement regarding the new loan limit.
- Option 2: 4 Lakh - This is lower than the announced limit.
- Option 3: 3 Lakh - This is also lower than the announced limit.
- Option 4: 6 Lakh - This is higher than the announced limit.
Conclusion
Based on the information from the Union Budget 2025-26, the enhanced loan limit under the Kisan Credit Card (KCC) scheme is 5 Lakh.
Important Questions from Budget
The first Economic Survey of India was presented in ______.
As announced in the Union Budget of FY 2022, how many pilot projects are to be set up for coal gasification?
What is the approximate amount to be mobilised for the National Highways Network expansion as per the Union Budget 2022-23?
Which of the following budget was primarily focused on the I.T sector and promoting India as a major software hub?
What name did the Delhi government give to the annual financial statement "Budget" in the year 2021?
