Target of Agri loan to farmers set at record ₹10 lakh crore
Finance Minister Arun Jaitley, in his 2017-18 Budget speech, said the target of agricultural loans to farmers was set at record ₹10 lakh crore. The total allocation for rural, agricultural, and allied sectors is 24% higher than last year at ₹1,87,223 crore, he added. He further said a dedicated micro-irrigation fund will be started with an initial ₹5,000-crore corpus.