Union Budget 2025-26 Increases Farm Credit Limit to Rs 5 Lakh

The Union Budget 2025-26 has raised the credit limit under the Modified Interest Subvention Scheme (MISS) from Rs 3 lakh to Rs 5 lakh, ensuring affordable loans for farmers at a 4% interest rate. The RBI also increased collateral-free KCC loans from Rs 1.6 lakh to Rs 2 lakh. A post-budget webinar on agriculture saw wide participation, including farmers from Northeast states like Assam, Arunachal Pradesh, and Manipur.