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Agribazaar's Kisan Safalta Card

Published on September 09, 2022
Current Context: Star Agribazaar Technology Private Limited launched the "Agribazaar Kisan Safalta Card" for agricultural financing.
Agribazaar's Kisan Safalta Card
  • It is a farmer-centric card that would help farmers meet both, pre-harvest and post-harvest farm requirements.
  • The Kisan Safalta Card has a twelve-month repayment period. However, during unforeseen circumstances like crop damage due to natural calamity and poor crop yield, the payment can be rescheduled and repaid after the harvest.
  • Farmer's crop yield has been set as a parameter for fixing the limit of the card. In the case of marginal farmers, the limit can be adjusted from Rs. 10000 to Rs. 50000.
  • In phase I, the card will be launched in Delhi- National Capital Region (NCR), Maharashtra, Rajasthan, and Madhya Pradesh.
  • Star Agribazaar Technology Private Limited was established in 2016 with its headquarters in Mumbai, Maharashtra. Its CEO is Amith Agarwal.

Question:

Q.1 Kisan Safalta Card is launched by?
a. NABARD
b. ICAR
c. ICICI
d. Agribazaar
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