Which of the following agencies is not included in the operation of the Kisan Credit Card (KCC)?

Correct option is D

Correct Answer:D. NABARD

• The Kisan Credit Card (KCC) scheme is primarily managed by the following institutions:

  • Scheduled Commercial Banks

  • Co-operative Banks

  • Regional Rural Banks (RRBs)

• NABARD (National Bank for Agriculture and Rural Development) plays a key role in refinancing and supporting the financial institutions involved in the scheme, but it does not directly operate KCCs.

• KCC was launched in 1998 by the Indian government to provide short-term credit to farmers for their agricultural needs.

• It is designed to provide timely and adequate credit to farmers for crop production, post-harvest expenses, and investment needs like purchasing equipment or livestock.

• NABARD’s role: It acts as a facilitator by ensuring adequate credit flow to farmers through the aforementioned banks and refinancing them as needed.