A study on utilization pattern of Kisan credit card (KCC) among the farmers in Raipur district of Chhattisgarh

Kisan Credit Card (KCC) emerged as an innovative credit delivery mechanism to meet out production credit requirements of the farmers in a timely and adequate manner. Realizing its potential for simplifications of loan procedures and in reducing the drudgery of cumbersome documentations to issue the Kisan Credit Cards to farmers on the basis of their holding for uniform adoption by the banks so that the farmers may use them to readily purchase agricultural inputs such as seeds, fertilizers, pesticides, etc., and draw cash for their production needs. The present investigation was carried out during the year 2009, in two purposively selected block of Raipur district of Chhattisgarh state with 120 KCC holders. The results reveled that the, majority of them utilized the KCC benefits for crop insurance (95.66%), obtained loan up to maximum allotted limit (93.66%), utilized whole amount of loan for the purpose for which it was drawn/obtained (85.33%), utilized the loan facilities under KCC for all the cropping season (40.00%). However, the overall utilization of KCC was recorded up to 69.60 per cent among the respondents.