The State Level Bankers’ Committee (SLBC) in West Bengal has decided to go for a more than two-fold increase in Kharif loan this season. The quantum of loan for West Bengal will be increased from Rs 4400 crore to Rs 10000 crore. Also, the extent of Kisan Credit Card loan will be extended to nearly 4.6 million farmers. A number of small and marginal farmers will also be taken under the fold of KCC in the state.
In addition, West Bengal will also request the Reserve Bank of India (RBI) to increase the additional credit limit to MSMEs, to 30 per