24 Mar Kisan credit card: A farmer friendly financial tool
किसान क्रेडिट कार्ड: एक किसान अनुकूल वित्तीय उपकरण Agriculture is the backbone of Indian economy. Majority of farming communities earn their livelihood from agriculture and allied activities. They have small and marginal land holding resulting less saving and follow traditional practices. Generally, they used to invest money, borrowed from money lenders for meeting the cost of agricultural activities. The terms of lending by these money lenders were unfavourable and inimical to the interest of the farmers. Before independence, several steps were taken up in our country by the government agencies to help the farming communities. In independent India, major break through took place in 1969 after nationalisation of commercial banks to make...