Gujarat Banks Reject 43% of Animal Husbandry & Fisheries Kisan Credit Card Applications

In the fiscal year 2018-19, an extension of the Kisan Credit Card (KCC) facility was introduced to encompass the fisheries and animal husbandry sector. This significant development aimed to provide financial support and facilitate credit access to farmers involved in these specific domains.

The KCC program, initially launched to aid agricultural activities, has proven to be a valuable resource for farmers across the country. Recognizing the importance of fisheries and animal husbandry as integral sectors within the agricultural landscape, the extension sought to address the unique requirements and challenges faced by practitioners in these fields.

By including fisheries, the KCC facility acknowledges the significance of this sector in contributing to food security and livelihoods. Fish farming, both inland and marine, has gained prominence as a lucrative venture for many farmers. The extension of the KCC facility aimed to propel growth in this sector by enabling farmers to access credit easily and efficiently. With the availability of financial resources, fish farmers can procure necessary equipment, improve infrastructure, and enhance their production capabilities. This, in turn, contributes to augmenting the overall output of the fisheries industry.

Similarly, the inclusion of animal husbandry within the KCC facility recognizes the essential role it plays in agriculture and rural economies. Animal husbandry encompasses various activities such as dairy farming, poultry, and livestock rearing, all of which contribute significantly to the agricultural sector. With the extension of the KCC facility, farmers engaged in these practices gain access to credit facilities that can be utilized to purchase high-quality breeding stock, advanced animal healthcare services, and modern infrastructure. These measures assist in improving the productivity and profitability of animal husbandry operations.

By extending the KCC facility to the fisheries and animal husbandry sectors, the government aims to promote sustainable growth and diversification within the agricultural domain. This strategic move not only boosts the income potential of farmers but also helps in reducing their dependence on traditional crop-based farming. It offers them additional avenues to generate income and enhances their capacity to withstand market volatility and uncertainties.

Furthermore, the extension of the KCC facility reflects the government’s commitment to fostering inclusive development in rural areas. By catering specifically to the needs of fisheries and animal husbandry practitioners, it addresses the unique challenges faced by these individuals. Access to credit facilities empowers farmers by providing them with the necessary financial resources to invest in modernization, infrastructure development, and technological advancements. This, in turn, leads to improved productivity, increased income, and long-term sustainability for farmers engaged in fisheries and animal husbandry activities.

In conclusion, the extension of the Kisan Credit Card facility to the fisheries and animal husbandry sector in the fiscal year 2018-19 represents a significant step towards supporting and enhancing the livelihoods of farmers involved in these domains. By facilitating easy credit access, the government aims to promote growth, diversification, and sustainability within the fisheries and animal husbandry sectors, ultimately contributing to the overall development of the agricultural landscape in the country.

Christopher Wright

Christopher Wright