Budget 2026: Farmers May Get Rs 6 Lakh Crop Aid via KCC; Limit Hike Expected

• Kisan Credit Card (KCC) limit expected to increase from Rs 5 lakh to Rs 6 lakh in Budget 2026.
• This would provide farmers an additional Rs 1 lakh loan on subsidy, aiding rising cultivation costs.
• KCC scheme, launched in 1998, offers financial aid for farming and allied activities like dairy and fisheries.
• Farmers get loans at an effective 4% interest rate due to a 3% government subsidy for timely repayment.
• The scheme has sanctioned Rs 10.05 lakh crore by Dec 2024, benefiting 7.72 crore farmers nationwide.

Why It Matters: Budget 2026 likely to boost farmers with a Rs 1 lakh increase in Kisan Credit Card limit.