203
Scheme. Besides, Personal Accident has been included in the KCC at a nominal
premium for a cover of up to
`
50,000 to the card holder for death or permanent
disability; this being a social cost, banks share a portion of the premium.
Access Achieved in the Number of Cards Issued and Flow of Credit
The growth in the number of KCCs issued has been steady at about
3% per annum. From about 76 lakh cards in March 2002, the number has
risen to 115 lakh in 2011-12, touching a little over 7% of the total number of
operational holdings in the country (Table 7.1).
Agency-wise distribution of cards suggests that about 47% have been
issued by commercial banks followed by 38% by cooperative banks and 15%
by RRBs. While the number of cards issued by banks had shown a steady
improvement until 2007-08; thereafter following the loans waiver scheme,
namely, Agricultural Debt Waiver and Debt Relief Scheme 2008, there have
been absolute declines in the numbers of cards issued by all agencies. Region-
wise, it is found that next to the southern region which has always been in the
forefront in farm-credit absorption, it is the two under banked regions, namely,
central and eastern, that have attracted the second and third best members
of KCCs issued more than 55% of the cards have been absorbed by these two
regions. In amount of loans sanctioned under KCC, the eastern region has
continued to lag behind but the central region has absorbed a relatively a high
Table 7.1 : Agency-wise Kisan Credit Cards Issued
(in lakh)
Year
Cooperative
Banks
% to
Total
Regional
Rural
Banks
% to
Total
Com-
mercial
Banks
% to
Total
Total
No. of
Opera-
tional
Holdings
Percentage
of Total No.
of Cards to
Operational
Holdings
1998-99
1.56 19.9
0.06 0.8 6.22 79.3 7.84
1999-00
35.95 70.0
1.73 3.4 13.66 26.6 51.34
2000-01
56.14 64.9
6.48 7.5 23.90 27.6 86.52
2001-02
54.36 58.2
8.34 8.9 30.71 32.9 93.41
2002-03
45.79 55.6
9.64 11.7 27.00 32.8 82.43
2003-04
48.78 52.8 12.74 13.8 30.94 33.5 92.46
2004-05
35.56 36.7 17.29 17.9 43.95 45.4 96.80
2005-06
25.98 32.4 12.49 15.6 41.65 52.0 80.12 1292.22
6.2
2006-07
22.97 27.0 14.06 16.5 48.08 56.5 85.11
2007-08
20.91 24.7 17.73 20.9 46.06 54.4 84.70
2008-09
13.44 15.6 14.14 16.5 58.30 67.9 85.90
2009-10
17.50 19.4 19.50 21.6 53.10 58.9 90.10
2010-11
28.10 27.7 17.70 17.4 55.80 54.9 101.60 1377.57
7.4
2011-12
29.60 25.2 19.90 16.9 68.04 57.9 117.60
Source:
Nabard’s Annual Report, various issues.
