The government on Friday said that the facility of Kisan Credit Card (KCC) in the fisheries sector will help fishermen and farmers to meet their working capital requirement. The Department of Fisheries, under the Ministry of Fisheries, Animal Husbandry and Dairying, on Thursday organized a webinar on the nationwide campaign on Kisan Credit Card (KCC) for the fisheries sector, an official statement said.
The event was presided over by the Secretary, Department of Fisheries (DoF) Jatindra Nath Swain and more than 400 participants participated. In his inaugural address, Swain highlighted the background and diversity of the fisheries sector. He said that the KCC facility in the fisheries sector is an effort to help fishermen and farmers to meet their working capital needs. Its objective is to provide adequate and timely credit assistance to all farmers. Swain said that the campaign is currently being organized from November 15 to February 15, 2022.
He urged the States/UTs to regularly monitor the progress of saturation of eligible fishermen and fish farmers under KCC and take action with the concerned banks to remove the deficiencies and ensure speedy clearance of KCC. Sagar Mehra, Joint Secretary (Inland Fisheries), said that the department is making efforts to encourage and expand aquaculture and fisheries in India, both inland and marine.
The purpose of extension of KCC facility is to expand access to institutional credit facilities to achieve socio-economic transformation of the lives of fish farmers and fishermen, the statement said.