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Agriculture to grow more than 4 percent as Government announces a slew of pro-farmer measures in General Budget 2017-18 Farm credit fixed at a record level of ₹ 10 lakh crores; Irrigation fund hiked to ₹ 40 000 crores Finance Minister announced setting-up of a Dairy Processing and Infrastructure Development Fund with a corpus of ₹ 8000 crores to augment farm income

Budget - Dated:- 1-2-2017 - Press Information Bureau Government of India Ministry of Finance 01-February-2017 14:25 IST Government says, with a better monsoon, agriculture is expected to grow at 4.1% in the current year i.e.2016-17 as the total area sown under kharif and rabi seasons are higher than the previous year. Presenting his Fourth Budget in Parliament today, the Union Finance Minister Shri Arun Jaitley said that adequate credit would be made available to the farmers in time and the targ .....

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om the cooperative structure and the Government is committed to support NABARD for computerisation and integration of all 63,000 functional Primary Agriculture Credit Societies (PACS) with the Core Banking System of District Central Cooperative Banks. This will be done in 3 years at an estimated cost of ₹ 1,900 crores, with financial participation from the State Governments to ensure seamless flow of credit to small and marginal farmers. Elaborating on other pro-farmer measures, the Financ .....

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