Home » News » BRAND: Indian Kisan Credit Card Scheme: An Analytical Study

Calendar

March 2017
M T W T F S S
« Feb   Apr »
 12345
6789101112
13141516171819
20212223242526
2728293031  

Read these articles

  • LiBRI: Obsessive Contradictions in ”Pădurea Spânzuraților”
    “Pădurea Spânzuraţilor” written by Liviu Rebreanu is a complex novel whose fundamental theme is the inner conflict. The paper Obsessive Contradictions in ”Pădurea spânzuraților” written by Florentina Gabriela Stroe is aimed at highlighting the protagonist’s struggle …
  • LiBRI: The Play on Incarnation as Artistic Creation in Allen Ginsberg’s ‘Howl’LiBRI: The Play on Incarnation as Artistic Creation in Allen Ginsberg’s ‘Howl’
    In the latest volume of the LiBRI, Andreea Paris illustrates in the article “The Play on Incarnation as Artistic Creation in Allen Ginsberg’s ‘Howl’” different modalities used by Ginsberg in the poem “Howl” to express …
  • BRAIN: Right-Linear Languages Generated in Systems of Knowledge Representation based on LSGBRAIN: Right-Linear Languages Generated in Systems of Knowledge Representation based on LSG
    Daniela Dănciulescu (University of Craiova), Mihaela Colhon (University of Craiova) and Gheorghe Grigoraș (Alexandru Ioan Cuza University of Iași) worked on a study which extends the method presented in a work of Tudor (Preda) (2010), …
  • Hello dear scholars!
    Academia EduSoft is a website for researchers, scholars, academic staff, and students.
  • BRAIN Journal – The ICS Paradigm  in Knowledge and ModellingBRAIN Journal – The ICS Paradigm in Knowledge and Modelling
    In this paper the authors find out that the exploration of the human thinking’s limits and subtleties create valuable results in all scientific fields, including the engineering of the software systems. This paper describes the …
  • BRAND: Eye on China and United StatesBRAND: Eye on China and United States
    The latest volume of the BRAND. journal presents a new study developed by Milad Mahyari and Minoo Alemi, who analysed an eventual economical conflict between China and the United States of America. United States endeavors …
  • Why Are There So Few Women in IT?Why Are There So Few Women in IT?
    The world of technology has always been dominated by men, and it is reported a continuous decrease in women working in this field, despite the numerous campaigns to encourage them to enter the IT field. …
  • BRAIN: Classification of Human EmotionBRAIN: Classification of Human Emotion
    An innovative research in BRAIN journal, Classification of Human Emotion from Deap EEG Signal Using Hybrid Improved Neural Networks with Cuckoo Search, academic article provided by M. Sreeshakthy and J. Preethi, both professors at Anna …
  • BRAIN: Sentiment Analysis on Embedded Systems Blended CoursesBRAIN: Sentiment Analysis on Embedded Systems Blended Courses
    The paper written by Răzvan Bogdan from the Department of Computers and Information Technology, Politehnica University of Timisoara, includes a presentation of a modality of integrating Embedded Systems Massive Open Online Courses (MOOCs) into blended …
  • BRAIN: A speech to text transcription approach based on Romanian corpusBRAIN: A speech to text transcription approach based on Romanian corpus
    Speech recognition applications enable the recognition and translation of spoken languages into text by computers. Due to the fact that the traditional approaches are costly and time consuming, the worldwide industry adopted speech recognition systems. …
  • BRAIN: The Ambivalence of Strengths and Weaknesses of E-learning Educational ServicesBRAIN: The Ambivalence of Strengths and Weaknesses of E-learning Educational Services
    The most recent volume of the BRAIN journal has recorded another exploration on The Ambivalence of Strengths and Weaknesses of E-learning Educational Services proposed by Venera-Mihaela Cojocariu, Iuliana Lazar and Gabriel Lazar from Vasile Alecsandri …
  • LiBRI: The Free Choice for Absurd Rebellion in Nineteen Eighty-FourLiBRI: The Free Choice for Absurd Rebellion in Nineteen Eighty-Four
    A novel such as “Nineteen Eighty-Four” has determined critics to never stop analysing in as many angles as possible this masterpiece, so as to reveal the most profound meanings that George Orwell wanted to transmit …

Categories

BRAND: Indian Kisan Credit Card Scheme: An Analytical Study

In the latest volume of the BRAND, Dharmendra Mehta, Hitendra Trivedi, and Naveen K Mehta will not only explain the key features and assess the role and contribution of Kisan credit card scheme but also they will show us how to effectively implement this scheme.

Kisan Credit Card
Kisan Credit Card

Most of Indians are living in rural environments, and their survival is conditioned by climatic factors which influence the agriculture. The Indian economy is massively affected by the outcome of agricultural actions. Hence, the economic stability of India is determined by two elements: the Mansoon and the credit. As the Mansoon cannot be controlled by human forces, credit allowance for agricultural purposes was first highly disregarded by the banks. Although, bills such as food security suggest that agriculture will remain the main strategy for the progress of India on the economic and sociologic level.

According to Werner (2000) another problem generated by the liberalisation processes showed up: banks were expected to register the investments to market, causing banks to become more reluctant to take risks. In 2009 Jamunarani has recorded that more than 14 million Kisan Credit Cards were emitted within the Indian borders.  This scheme was put into action in all the states and union territories by 27 public sector banks (PSBs), 373 district central co-operative banks (DCCBs) and 196 Regional Rural Banks (RRBs). Amir Samantara, Barik (2010), Uppal and Juneja (2012), Rajamohan and Subha (2014) confirm the beneficial outcomes of the implementation of the new strategy.

The Kisan Credit Card Scheme appeared in 1998-99 and it was intended for farmers, enabling them to buy necessary agricultural assets to plant, fertilise and plough their plots. This scheme was not only implemented by Commercial Banks but also by Coop. Banks and RRBs.

Even though the positive aspects seem to outshine the drawbacks, due to the numerous credit allowances, the KCC was given to the farmers only once. This was caused by the high stamp duty, the crop insurance scheme.

The Kisan Credit Card represents a steady help for Indian agriculture. 4.05 lakh cards were issued by the RRBs reached 81.2 % of the annual target. At the same time, cooperatives and commercial banks reached 46.1 %, respectively 56.0% of the annual target. Even so, the banks are working to discover the new and more efficient way to grant the KCC.

Read more here!

Andreea Toma