Net value addition of ₹2.30 from KCC-MISS
investment
¨
According to a
third-party evaluation conducted by the Department of Agriculture & Farmers
Welfare (DA&FW), every ₹1 invested under the KCC-MISS generates ₹2.30 in
net value addition in the agriculture and allied sectors.
¨
The net value addition of
₹2.30 for every ₹1 invested demonstrates the scheme’s strong economic
multiplier effect.
¨
From the inception of the
scheme up to 2024-25, around ₹1.87 lakh crore in interest support has helped
reduce the interest burden on farmers.
¨
The availability of
concessional credit has enabled farmers to cultivate larger areas, increase
cropping intensity, and undertake farming across more than one season.
¨
The scheme has also
encouraged farmers to diversify their crop portfolios.
¨
Improved irrigation
facilities and timely availability of credit have contributed to increased
cropping intensity and diversification.
¨
Timely availability of
adequate working capital has helped farmers purchase agricultural inputs on
time.
¨
Beneficiaries receiving
the Prompt Repayment Incentive (PRI) have demonstrated better loan repayment
behaviour.
¨
Improved repayment
behaviour has strengthened banks’ confidence in extending credit to the
agricultural sector.
