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Which ministry launched the KCC Ghar Ghar Abhiyaan in September 2023?
Ministry of Agriculture and Farmers Welfare
Ministry of Education
Ministry of Women and Child Development
Ministry of Housing and Urban Affairs
Ministry of Agriculture and Farmers Welfare
The Ministry of Agriculture and Farmers Welfare launched the KCC Ghar Ghar Abhiyaan in September 2023 to ensure 100 percent saturation of Kisan Credit Cards among eligible farmers.
The KCC Ghar Ghar Abhiyaan was introduced as a saturation drive to provide credit facilities to all farmers, including those engaged in animal husbandry and fisheries, who were previously left out of the formal banking system. The initiative aims to simplify the application process for the Kisan Credit Card (KCC) and bridge the gap between financial institutions and rural households. By facilitating doorstep access to credit, the government intends to reduce dependence on non-institutional moneylenders and promote inclusive growth in the agricultural sector.
The Kisan Credit Card scheme was introduced in 1998 based on the recommendations of the R.V. Gupta Committee. It provides farmers with adequate and timely credit support from the banking system under a single window for their cultivation and other agricultural needs.
Launch Date: September 2023
Primary Objective: 100 percent saturation of Kisan Credit Cards (KCC)
Target Beneficiaries: Farmers, animal husbandry, and fisheries sector
Scheme Origin: Launched in 1998 on the recommendation of the R.V. Gupta Committee
A is correct тАФ The Ministry of Agriculture and Farmers Welfare initiated the KCC Ghar Ghar Abhiyaan to reach every eligible farmer for credit card coverage.
Remember that the KCC scheme is the primary instrument for rural credit; associating 'Ghar Ghar' with the government's recent push for 'saturation' (Har Ghar) helps link this to similar campaigns like Har Ghar Jal.