Vol. 13, Issue 1 (2024)

Author(s):
Meenakshi Devi, Sonia Rani and DR Thakur

Abstract:
The performance of agricultural sector has a significant effect on the growth of Indian economy. Kisan credit card is a credit to provide affordable credit for farmers in India. The scheme was implemented by public sector commercial banks, RRBs (Regional Rural Banks) and co-operative banks in the country. To find out the utilization of Kisan credit card, the present study entitled “Utilization of Kisan Credit Card Scheme in Himachal Pradesh” was undertaken. The multistage sampling design was employed. In first stage 2 blocks were selected randomly. In 2^nd stage five panchayats from each block were selected purposely having maximum number of Kisan Credit Card holders. In this way 100 farmers out of these beneficiaries and non-beneficiaries were selected randomly. The majority of the beneficiary’s respondents ranked Ⅰ^st had increase in agricultural produce as per weighted mean score of 2.38 percent. Majority of the beneficiary’s respondents 98 percent, purpose of taking Kisan Credit Card to purchase fertilizers, seeds, pesticide. Cent percent of the farmers utilize the amount of Kisan Credit Card for the crop production activities, fertilizer, farm machinery, and harvesting and threshing operation.