UPSC Civil Services 2020 Prelims General Studies Paper I

Kisan Credit Card (KCC) scheme meets the financial requirements of farmers at various stages of farming. The scheme aims at providing adequate and timely credit for the comprehensive credit requirements of farmers under single window for their cultivation and other needs as indicated below:

● To meet the short term credit requirements for cultivation of crops

● Post harvest expenses

● Produce Marketing loan

● Consumption requirements of farmer household

● Working capital for maintenance of farm assets, activities allied to agriculture, like dairy animals, inland fishery and also working capital required for floriculture, horticulture etc.

● Investment credit requirement for agriculture and allied activities like pump sets, sprayers, dairy animals, floriculture, horticulture etc

● Short term credit requirements of rearing of animals, birds, fish, shrimp, other aquatic organisms, capture of fish

Hence statement 1,3 and 4 are correct.

Expenditure on village cold storage facility or purchase of combine harvesters, tractors and mini trucks are long term capital (not working capital) expenditure which are not covered under the KCC scheme. Hence Statement 2 and 5 are incorrect.