DMPQ: Outline the recommendations of MS Swaminathan report on providing formal credit sources to the farmers.

Recommendations are as follows:

  • Expand the outreach of the formal credit system to reach the really poor and needy.
  • Reduce rate of interest for crop loans to 4 per cent simple, with government support.
  • Moratorium on debt recovery, including loans from non-institutional sources, and waiver of interest on loans in distress hotspots and during calamities, till capability is restored.
  • Establish an Agriculture Risk Fund to provide relief to farmers in the aftermath of successive natural calamities.
  • Issue Kisan Credit Cards to women farmers, with joint pattas as collateral.
  • Develop an integrated credit-cum-crop-livestock-human health insurance package.
  • Expand crop insurance cover to cover the entire country and all crops, with reduced premiums and create a Rural Insurance Development Fund to take up development work for spreading rural insurance.
  • Promote sustainable livelihoods for the poor by improving (i) Financial services (ii) Infrastructure (iii) Investments in human development, agriculture and business development services (including productivity enhancement, local value addition, and alternate market linkages) and (iv) Institutional development services (forming and strengthening producers’ organisations such as self-help groups and water user associations).

 

KPSC Notes brings Prelims and Mains programs for KPSC Prelims and KPSC Mains Exam preparation. Various Programs initiated by KPSC Notes are as follows:- For any doubt, Just leave us a Chat or Fill us a querry––

Hope we have satisfied your need for KPSC Prelims and Mains Preparation

Kindly review us to serve even better


KPSC Mains Test Series 2020

20 Quality mock tests and GS Mains Notes

Mains Test Series and Notes

Mains Printed Notes (With COD)


KPSC Prelims Test Series 2020

24 Quality mock tests and GS Prelims Notes

Prelims Test Series and Notes

Prelims Printed Notes (With COD)

Subscribe to KPSC Notes

Never Miss any KPSC important update!

Join 1,979 other subscribers

error: Content is protected !!