Impact of Kisan credit card scheme on agricultural income and productivity among farmers

The credit is considered as one of the basic essentials for boosting vital sector of agriculture. It plays an important role in agricultural development because timely availability of capital leads to adoption of improved seed, fertilizer and modern technologies, which increase the agricultural income and productivity. Kisan credit card has emerged as innovative credit delivery mechanism to meet the production credit requirements in a timely and hassle free manner. It is a vital tool for the rural development. Right from the inception of this scheme the farmers are enjoying the inherent advantages. Aim of the present study was to study the impact of Kisan credit Card on agricultural income and productivity of the sample farmers in a backward district i.e. Ashoknagar, of Madhya Pradesh. For this purpose data were collected from 300 KCC holders from selected bank branches in the district during the year 2009–10. Data were analyzed using paired t test and simple linear regression with the help of SPSS. The findings show positive relationship between credit under KCC and agricultural productivity. Similar relationship was found with income of the sample farmers.