New Delhi, Feb. 14 -- The fisheries sector is an important part of India's economy that generates livelihoods for millions and contributes significantly to food security. Realising its significance, the government has initiated many initiatives one of which is the Kisan Credit Card Fisheries Scheme that provides loans specific to fishermen and fishermen farmers.

Simplified credit access: Provides a streamlined process for fishers and fish farmers to get required working capital.

Financial inclusion: It provides support to fishers becoming part of the formal banking system, and financial literacy and stability.

Reduced financial burden: Subsidised interest rates and incentives for prompt repayment lower the overall cost of borrowing.

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