Budget 2025: Sitharaman Raises Kisan Credit Card Limit to 5 Lakh

Budget 2025: The limit for Kisan Credit Cards has been increased from ₹3 lakh to ₹5 lakh.

Budget 2025: Union Finance Minister Nirmala Sitharaman presented the budget in Parliament today. This is the second full budget of the Modi government's third term and Ms Sitharaman's eighth budget. This year's budget includes a major announcement for farmers: the launch of the Pradhan Mantri DhanDhanaya Yojana. The limit for Kisan Credit Cards has also been increased from ₹3 lakh to ₹5 lakh.

Sitharaman's Big Announcement for Farmers…

— Kisan Credit Card limit increased to ₹5 lakh
— Announcement of the Pradhan Mantri DhanDhanaya Yojana for farmers
— Loans up to ₹5 lakh for dairy and fisheries
— Kisan Credit Card limit increased from ₹3 lakh to ₹5 lakh
— MSME loan limit increased from ₹5 crore to ₹10 crore

Budget 2024 Focused on Farmers

In the previous Union Budget 2024, Finance Minister Nirmala Sitharaman paid special attention to farmers. Several steps were taken to increase farmers' income. The budget allocated ₹1.52 lakh crore for farmers and the agricultural sector. This fund was to be used for schemes related to agriculture and allied sectors. Several schemes for farmers were announced.

Announcements for Farmers in Budget 2024

— ₹1.52 lakh crore for agriculture and allied sectors
— Information of 6 crore farmers to be brought onto land registry
— New Kisan Credit Cards to be issued in 5 states