India’s Farmers Caught in a Debt Spiral—Kisan Credit Scheme Faces Unintended Consequences

Unknown Apr 02, 2026 1,000 Views

India’s Kisan Credit Card (KCC) scheme, originally designed to provide lowinterest loans for agricultural expenses, is now pushing farmers into financial distress. While the initiative aimed to modernize rural credit, many farmers are using these loans for nonagricultural needs, leading to...