Question
The Scale of Finance (So
- F is notified by which body and serves what purpose under the revised KCC framework?Â
Solution
The Scale of Finance is notified annually by State Level Technical Committees (SLTCs) and represents the estimated cost of cultivating specific crops in a specific region. Under the revised KCC draft, drawing limits will be directly tied to SoF, ensuring credit reflects actual cultivation costs rather than arbitrary bank-set limits.
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