Economic impact of Kisan Credit Card (KCC) scheme on farmers’ economy in Karnataka

A study was conducted to assess the economic impact of KCC Scheme on KCC holders and non-KCC holders in Bellary district of Karnataka state. The study has revealed that in all the major crops namely paddy, cotton, banana and sugarcane, the returns per rupee spent was higher in KCC holders than non-KCC holders. The cost of cultivation and gross returns per acre for all the crops was higher for KCC holders than non-KCC holders. It was due to application of higher amount of purchased inputs such as seed, manures and fertilizer, PPC, herbicides machine labour and hired human labour by the KCC holders as the borrowed amount facilitated them in doing so.