Government extends Kisan credit card (KCC) subsidy: Farmers to get continued interest subvention

Cabinet Approvals on May 28, 2025

On May 28, 2025, the union cabinet chaired by Prime Minister (PM) Narendra Modi approved the following proposal schemes: i.Approved continuation of Modified Interest Subvention Scheme (MISS) for Financial Year 2025-26(FY26) with existing 1.5% Interest Subvention (IS). ii.Approved two multitracking projects across Indian Railways(IR) in Maharashtra and Madhya Pradesh (MP) iii.Approved Rs.3,653 crore four-lane Badvel-Nellore […] The post Cabinet A…

Kisan Credit Card Loans to Stay Affordable: Cabinet Approves Continuation of 1.5% Interest Subvention Till 2026, Benefiting 7.75 Crore Farmers

The scheme also offers a prompt repayment incentive, bringing the interest rate down to just 4% for farmers who repay on time. Agricultural credit through KCC has Increased from Rs 4.26 lakh crore in 2014 to over Rs 10 lakh crore by December 2024.

The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the continuation of the Interest Subvention (IS) component under the Modified Interest Subvention Scheme (MISS) for the financial year 2025-26 and the necessary funding arrangement. This decision of the Cabinet shows that the government is committed to doubling the income of farmers, strengthening the rural credit eco-system and promoting agricultural development thr…

Affordable Agricultural Credit Secured: Kisan Credit Card Scheme Extended for FY26

Cheaper Kisan Credit Card Loans to Continue in FY26 Under Modified Interest Subvention Scheme In a significant step… The post Affordable Agricultural Credit Secured: Kisan Credit Card Scheme Extended for FY26 appeared first on IMP.NEWS.

Cabinet Backs Agriculture Credit Boost with Continued 1.5% Interest Aid THE NEW INDIAN

NEW DELHI: In a major step to support the farming community, the Union Cabinet, chaired by PM Narendra Modi, has approved the continuation of the Modified Interest Subvention Scheme (MISS) for the financial year 2025-26, retaining the existing 1.5% Interest Subvention (IS) for short-term agricultural loans.   The scheme ensures that farmers across the country receive short-term credit up to ₹3 lakh via Kisan Credit Cards (KCC) at a subsidized in…

Centre extends interest subvention scheme for farmers by another year - ChiniMandi

New Delhi [India] : The Union Cabinet on Wednesday approved the continuation of the interest subvention component under the Modified Interest Subvention Scheme (MISS) for farmers for the financial year 2025-26, and approved required fund arrangements. It is a Central Sector Scheme aimed at ensuring the availability of short-term credit to farmers at an affordable interest rate through Kisan Credit card (KCC). Under the Scheme: Farmers received s…