A SYSTEMATIC LITERATURE REVIEW ON KISAN CREDIT CARD STUDIES IN INDIA
Abstract
This paper reviews the literature on the Kisan Credit Card (KCC) scheme in India with regard to performance and efficiency from 2000 to 2024. KCC scheme has evolved a lot in the improvement of rural credit and has given reasonable results in the states like Andhra Pradesh and the northeastern region where the implementation of KCC scheme is quite proper. For example, Dhanabhakyam & Malarvizhi (2024) prove that the farmers of Coimbatore are aware of KCC loans and their use. Also, Barik (2010) identified that credit is more easily accessible in rural areas and credit is down from the non-formal sector. The problem of regional disparities has not been completely resolved even in the developed countries. Kumar, Singh, and Sinha (2010) also found that KCC was highly concentrated in Punjab while at the same time, they also pointed out that Jammu & Kashmir and Bihar were the two states which were least developed. The operational problems and the structural issues are still sharp in the scheme. Sarangi (2010) and Sidhu & Gill (2006) reveals that there are problems, for example, lack of proper facilities in cooperative banks and problems regarding loans and their use. These challenges are accompanied by other issues like loan diversion and repayment volatility as pointed out by Kallur (2005) and Rao & Sahu (2005). To achieve the maximum potential of the KCC scheme and to foster the balanced economic development of all regions of India, it is essential to solve these regional and structural problems.
Keyword : Kisan Credit Card (KCC), Rural Credit Access, India, Regional Disparities, Andhra Pradesh, North-eastern India, Implementation Challenges, Cooperative Banks, Loan Repayment, Credit Utilization, Agricultural Credit, Structural Issues.
This work is licensed under a Creative Commons Attribution 4.0 International License.
References
1. Chakraborty, S., & Ghosh, S. (2008). An analysis of the Kisan Credit Card scheme in India. Indian Journal of Agricultural Economics, 63(2), 222-236. 2. Kumar, P., & Singh, R. K. (2010). Impact of Kisan Credit Card scheme on agricultural development: A case study of Bihar. Agricultural Economics Research Review, 23(1), 101-112. 3. Mishra, P., & Sharma, S. (2013). Financial inclusion and the Kisan Credit Card scheme: An empirical study in Uttar Pradesh. Economic and Political Weekly, 48(35), 73-79. 4. Reddy, S. M., & Rao, P. R. (2015). Evaluating the effectiveness of Kisan Credit Card scheme: Evidence from Andhra Pradesh. Journal of Rural Development, 34(1), 57-75. 5. Sharma, R., & Reddy, V. (2018). Challenges and prospects of the Kisan Credit Card scheme in India: A review of recent developments. Journal of Financial Inclusion and Development, 9(2), 45-60. 6. Verma, A., & Kumar, S. (2021). Reforms in the Kisan Credit Card scheme: Analyzing impact and policy implications. International Journal of Agricultural Policy and Research, 11(4), 95-112. 7. Barik, N. (2010). Impact of KCC on rural poverty reduction. Not specified. 8. Chandra, A. (2010). Farmers' Club as a model microfinance institution. Not specified. 9. Dhanabhakyam, M., & Malarvizhi, N. (2012). Awareness and utilization of KCC in Coimbatore district. Primary (66 respondents). 10. Karmakar, K. G. (2008). Role of NABARD in agriculture and rural development in North-eastern India. Secondary. 11. Kallur, A. (2005). Impact of KCC on credit flow and repayment rate. Not specified. 12. Kumar, R., Singh, P., & Sinha, S. (2010). Institutional credit to agriculture sector. Secondary. 13. Loganathan, K., & Ashokan, N. (2005). Advancement of KCCs by different banks. Not specified. 14. Rao, V., & Sahu, P. (2005). Credit amount required vs. sanctioned. Not specified. 15. Sarangi, S. K. (2010). Credit-related issues of farmers. Secondary (NABARD reports). 16. Sidhu, M. S., & Gill, S. S. (2006). Agricultural credit and indebtedness. Not specified. 17. Singh, A., & Sekhon, H. S. (2005). Benefits of KCC scheme. Not specified. 18. Chanda, R. (2012). Evaluation of KCC scheme in Bihar and India. Secondary (RBI’s Annual Trend and Progress of Banking in India). 19. Jaya Sheela, P., & Bindar, V. (2000). Problems of loan repayment and overdue issues. Not specified. 20. Sidhu, R. S., & Gill, M. S. (2006). Agricultural credit and indebtedness. Not specified. 21. Rao, R. (2003). KCC scheme support to farmers. Not specified. 22. Subbiah, S., & Selvakumar, K. (2005). Role of Regional Rural Bank in agricultural credit. Not specified. 23. Radhakrishna, B., Panda, S., & Manoj, K. (2005). Macroeconomics of poverty reduction. Not specified. 24. Dubey, A. (2006). Adoption of KCC in Uttar Pradesh. Not specified. 25. Fayaz, M., Mohammad, N., Khan, A., & Alam, M. (2006). ZTBL credit scheme and crop production. Primary. 26. Trivedi, A. (2006). Status of KCC in Madhya Pradesh. Not specified. 27. Ram Kumar, R., & Chavan, V. (2007). Credit revival and its impact on agriculture. Secondary. 28. Radhakrishana, R. (2007). Agricultural indebtedness and credit expansion. Secondary. 29. Pandey, M. (2007). Rural development and KCC scheme coverage. Not specified. 30. Kumar, M. (2007). Popularity of KCC among farmers. Not specified. 31. Khan, M., Mahmood, A., & Ali, S. (2007). Impact of short-term credit on farm production in Karak district. Primary (questionnaire). 32. Kainth, S. (2007). Advancement in rural financial system. Not specified. 33. Golait, R. (2007). Issues in agricultural credit in India. Not specified. 34. Anjanikumar, A., Kumar, R., & Yadav, S. (2007). Performance of rural credit flow and KCC ownership. Secondary (NSS data). 35. Satyasai, K. (2008). Structural constraints in rural credit delivery. Not specified. 36. Kamble, S. (2009). Role of KCC in benefiting small farmers. Secondary. 37. Roy, P., & Jena, S. (2010). Evaluation of KCC scheme in Orissa through cooperatives. Not specified. 38. Sirisha, P., & Malpadri, A. (2011). KCC issuance by different agencies and financial inclusion. Secondary (RBI publications). 39. Sajane, R. (2011). Cost of credit and growth in KCC users. Primary (120 farmers), Secondary.