Vol. 11, Special Issue 11 (2022)

Author(s):
Abhishek Shrivastav, Dr. Prashant Kumar Pandey and Dr. Mohammad Akram Khan

Abstract:
Kisan Credit Card is nothing but a simple card-cum-passbook, which consist of a pass book or a credit card cum passbook incorporating the name, address, particulars of land holding, borrowing limit, validity period, etc. The Kisan Credit Card (KCC) scheme is a credit scheme introduced in August 1998 by Indian banks. The scheme has short term credit limits for crops, and term loans. In this research the constraints faced by Kisan Credit Card Beneficiaries during utilization of Kisan Credit Card discussed with, the given suggestions by KCC beneficiaries to enhance the efficacy of Kisan Credit Card Scheme. The study was conducted in the Mahasamund and Gariyaband, districts of Chhattisgarh state. Total 120 KCC beneficiaries from two tribal dominated blocks namely, Pithora from Mahasamund and Mainpur from Gariyaband district were selected for study purpose. It was found that nearly fifty percent of the tribal farmers were facing problems related to insufficient credit limit, insufficient knowledge about the scheme, and lack of proper information about operation & utility of Kisan Credit Card. Approximately fifty percent of the KCC beneficiaries suggested, to increase in the credit limit and, for flexibility in repayment and recovery provision.