Mod 23: Agricultural Credit, Kisan Credit Card & Vegetable Cooperative Scheme

📖 Chapter 4 of 10 🧩 Module 27 of 33 ⏱️ ~2 min read 💡 2 MCQs

Topic Part 1 of 2

5.2.8 Agricultural Credit

Farmers receive credit from Commercial Banks (50%), Regional Rural Banks (34.9%), and Cooperative Banks (8.21% in 2019-20). Cooperative credit was higher in Begusarai, Madhubani, Khagaria, Patna, and East Champaran, but nil or negligible in Supaul, Saharsa, Madhepura, Sheikhpura, Lakhisarai, Jamui, and Saran.

Kisan Credit Card (KCC)

Introduced in 1998-99 as revolving cash credit. In 2019-20, 1,66,434 cards were issued (Commercial Banks 1.33 lakh, RRBs 32.1 thousand, CCBs 1.2 thousand), declining from 2,19,185 in 2018-19. Target achievement dropped from 57.6% in 2012-13 to 17.3% in 2019-20.

Bihar State Vegetable Processing and Marketing Scheme

Implemented through a three-tier cooperative structure to offer remunerative prices and insulate consumers from price spirals:

1. Primary Vegetable Cooperative Society (PVCS): Primary level society engaging in production, harvesting, planning, collection, sorting, grading, and selling.

2. Vegetable Processing and Marketing Union: Cluster level union procuring produce from PVCS members for processing, value addition, and marketing. Operates multi-chambered cold storage, Cold Atmospheric Chamber (CA), Modified Atmospheric Chamber (MA), Individual Quick-Freezing System (IQF), deep freezer, sorting/packaging halls, ripening chambers, retail outlets, inputs, and credit.

3. Vegetable Processing and Marketing Cooperative Federation: Apex level body implementing the scheme, ensuring forward/backward linkages, market integration, and coordination.

⭐ Key Points

1. Primary Vegetable Cooperative Society (PVCS): Primary level society engaging in production, harvesting, planning, collection, sorting, grading, and selling.
2. Vegetable Processing and Marketing Union: Cluster level union procuring produce from PVCS members for processing, value addition, and marketing. Operates multi-chambered cold storage, Cold Atmospheric Chamber (CA), Modified Atmospheric Chamber (MA), Individual Quick-Freezing System (IQF), deep freezer, sorting/packaging halls, ripening chambers, retail outlets, inputs, and credit.
3. Vegetable Processing and Marketing Cooperative Federation: Apex level body implementing the scheme, ensuring forward/backward linkages, market integration, and coordination.

📌 One-line Q&A

1. Primary Vegetable Cooperative Society (PVCS): Primary level society engaging in production, harvesting, planning, collection, sorting, grading, and selling.
2. Vegetable Processing and Marketing Union: Cluster level union procuring produce from PVCS members for processing, value addition, and marketing. Operates multi-chambered cold storage, Cold Atmospheric Chamber (CA), Modified Atmospheric Chamber (MA), Individual Quick-Freezing System (IQF), deep freezer, sorting/packaging halls, ripening chambers, retail outlets, inputs, and credit.
3. Vegetable Processing and Marketing Cooperative Federation: Apex level body implementing the scheme, ensuring forward/backward linkages, market integration, and coordination.

Questions 2 MCQs

Answer this question, then use Next.

Question 1: The share of Cooperative Banks in the agricultural credit of Bihar in 2019-20 was -

Correct Option: (D) 8.21%

Question 2: In which year was the Kisan Credit Card (KCC) scheme introduced?

Correct Option: (A) 1999

Question 1 of 2

One-liners

Write your answer, then submit to see the correct answer.

1. Primary Vegetable Cooperative Society (PVCS): Primary level society engaging in production, harvesting, planning, collection, sorting, grading, and selling.

Primary level society engaging in production, harvesting, planning, collection, sorting, grading, and selling.

2. Vegetable Processing and Marketing Union: Cluster level union procuring produce from PVCS members for processing, value addition, and marketing. Operates multi-chambered cold storage, Cold Atmospheric Chamber (CA), Modified Atmospheric Chamber (MA), Individual Quick-Freezing System (IQF), deep freezer, sorting/packaging halls, ripening chambers, retail outlets, inputs, and credit.

Cluster level union procuring produce from PVCS members for processing, value addition, and marketing. Operates multi-chambered cold storage, Cold Atmospheric Chamber (CA), Modified Atmospheric Chamber (MA), Individual Quick-Freezing System (IQF), deep freezer, sorting/packaging halls, ripening chambers, retail outlets, inputs, and credit.

3. Vegetable Processing and Marketing Cooperative Federation: Apex level body implementing the scheme, ensuring forward/backward linkages, market integration, and coordination.

Apex level body implementing the scheme, ensuring forward/backward linkages, market integration, and coordination.