Government Strengthens Institutional Credit Framework for Agriculture and Allied Sectors

• A consolidated policy push (PIB release, Min. of Finance, 17 March 2026) covering Ground Level Credit (GLC) targets, Priority Sector Lending (PSL) norms, Kisan Credit Card (KCC), Modified Interest Subvention Scheme (MISS) and NABARD refinance to deepen formal credit to farmers.
• Critical for UPSC GS-III (Agriculture, Inclusive Growth) — links financial inclusion, food security and small/marginal farmer (SMF) welfare.