Government Boosts Credit Flow to Agriculture Sector through Targeted Policy Measures

• A bundle of Centre-led measures to deepen institutional credit to agriculture: higher collateral-free loan ceiling, expanded Kisan Credit Card (KCC) coverage, Modified Interest Subvention Scheme (MISS) at 7%, and the new PM Dhan-Dhaanya Krishi Yojana (PMDDKY).
• Implemented by Ministry of Finance (Department of Financial Services) with RBI, NABARD, and Ministry of Agriculture & Farmers Welfare.
• Examinable for Prelims (scheme parameters, GLC, KCC) and Mains GS-III (agriculture, inclusive growth, food security).