In which year Kishan Credit Card scheme was introduced?

The correct answer is 1998.

Key Points

• Kishan Credit Card (KCC) is an important instrument for providing credit to farmers. 
• This scheme was introduced in 1998 and farmers can get a maximum credit of up to Rs. 50,000 to procure necessary inputs.

Important Points

•  In 2017-18 the achievement level of KCC in Bihar was 35.5%. 
• It is, therefore, necessary to extend to coverage of KCC to ensure that the agricultural operations are not hampered, particularly the small and marginal farmers.
• This model scheme was prepared by the National Bank for Agriculture and Rural Development (NABARD) on the recommendations of the R.V.GUPTA committee.