Punjab CM Bhagwant Mann has introduced significant reforms to the 26-year-old Kisan Credit Card (KCC) system. The new policy increases credit limits per acre: wheat from ₹24,380 to ₹30,000 and paddy from ₹25,440 to ₹39,000. For the first time, ₹2,000 per acre is allocated for stubble management. Digital banking features like ATM and UPI access have been introduced. The reforms benefit over 1.3 million farmers by expanding credit for horticulture, fisheries, and agro-forestry, aiming to reduce dependence on private moneylenders.
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