Nirmala Sitharaman on Tuesday launched Kisan Rin portal along with Weather Information Network Data Systems (WINDS) manual in Delhi. The portal will serve as an integrated hub to offer a comprehensive view of farmer data, loan disbursement specifics, interest subvention claims, and scheme utilisation progress. The finance minister also unveiled the Ghar Ghar KCC campaign to achieve saturation of the scheme.
The campaign is being launched on October 1, 2023. With the launch of the new portal, Finance Minister Nirmala Sitharaman asked banks to give all relevant data by December 31, 2023, for the Kisan Rin Portal. At the launch of the new portal, Finance Minister Nirmala Sitharaman expressed her concern over the slow progress of computerisation in Regional Rural Banks (RRBs).
She also urged RRB management to ramp up the process to strengthen credit delivery in rural areas. There is still a lot of work to do in digitising RRBs and cooperative banks, she said after launching the 'Kisan Rin Portal' and Weather Information Network Data Systems (WINDS) manual in New Delhi. Cooperative banks are not equally endowed, and their financial health varies, she said, adding ramping up capacity in the sector is taking place under the Ministry of Cooperation headed by Home Minister Amit Shah.
The cooperative bank digitisation would happen with the necessary speed, she said. However, she said, "I am more concerned about RRBs, their digitisation and computerisation. Therefore, if they didn't have it, extending phone bank facility...or internet banking facility...won't work out".
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