PM Increases Farmer Credit Card Limit to ₹5 Lakh and Announces Interest-Free Loans
| Key Event/Highlight | Details |
|---|---|
| Increase in Kisan Credit Card Limit | Limit raised from ₹3 lakh to ₹5 lakh to support farmers. |
| Interest-Free Short-Term Crop Loans | ₹25,000 crore to be distributed to 35 lakh+ farmers; ₹768 crore allocated for interest subsidy. |
| Gopal Credit Card Scheme Expansion | 2.5 lakh Gopalak families to receive interest-free loans; ₹150 crore subsidy proposed. |
| Long-Term Cooperative Agriculture Loans | 5% interest subsidy on ₹400 crore loans for agriculture and non-farming sectors. |
| UN International Year of Cooperatives 2025 | Focus on strengthening Gram Seva Sahakari Samitis (GSS); 2,500+ GSS to be established in remaining panchayat headquarters. |
| Relaxation in GSS Establishment Norms | Flexibility in criteria for GSS establishment. |
| New Purchase-Sale Cooperative Unions | 8 new districts to establish Kraya-Vikraya Sahakari Sanghs (KVSS). |
| Agricultural Market Expansion | Development of storage capacity and infrastructure in Gram Seva Sahakari Samitis and Kraya-Vikraya Samitis. |