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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 ₹ 8,000 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 .....

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et for agricultural credit in 2017-18 has been fixed at a record level of 10 lakh crores. He said that special efforts would be taken to ensure adequate flow of credit to the under serviced areas, the Eastern States and Jammu & Kashmir. The farme .....

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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 .....

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e Minister said that a Long Term Irrigation Fund has already been set-up in NABARD and the Prime Minister has announced an addition of ₹ 20,000 crores to its corpus which will take the fund to ₹ 40,000 crores. The coverage of Fasal Bima Y .....

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s in RE 2016-17 to settle the arrear claims. For 2017-18, a sum of ₹ 9,000 crores will be provided and the sum insured under this Yojana has more than doubled from ₹ 69,000 crores in Kharif 2015 to ₹ 1,41,625 crores in Kharif 2016. .....

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