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Centre launches three game-changing initiatives for farmers focusing on agri-credit and crop insurance

The government will launch a series of transformative initiatives, aimed at revolutionizing agriculture in the country in New Delhi today. The transformative initiatives, include Kisan Rin Portal (KRP), Door to Door KCC Campaign, and Weather Information Network Data Systems (WINDS) Manual. These initiatives will be launched by Finance Minister Nirmala Sitharaman and Union Minister of Agriculture & Farmers’ Welfare, Narendra Singh Tomar. 

According to the Minister of Agriculture & Farmers’ Welfare, these initiatives aim to amplify financial inclusion, streamline data utilization, harness technology, and enhance the livelihoods of the agricultural community. It said these initiatives will focus on agri-credit and crop insurance, keeping the welfare of farmers at their core. It added that these efforts and innovations will help in furthering the goal of agricultural transformation and sustainable economic growth for farming community of the country.

The Kisan Rin Portal (KRP), developed in collaboration with multiple government departments, is poised to revolutionize access to credit services under the Kisan Credit Card (KCC). This digital platform offers a comprehensive view of farmer data, loan disbursement specifics, interest subvention claims, and efficient agriculture credit.

The Ghar Ghar Kisan Credit Card (KCC) Abhiyaan is an ambitious campaign to extend the benefits of the Kisan Credit Card (KCC) Scheme to every farmer across India. This campaign aims to achieve universal financial inclusion, ensuring that every farmer has unhindered access to credit facilities. The Ministry said total number of operative KCC accounts as of March 2023 is 7.35 Crores with total sanctioned limit of 8.85 lakh crores rupees.

The Weather Information Network Data Systems (WINDS) initiative is an instrumental innovation, that leverages advanced weather data analytics to provide stakeholders with actionable insights on weather.