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Agri budget: Farmers in some states to benefit from millet focus, rice & wheat farmers disappointed
Agri budget: Farmers in some states to benefit from millet focus, rice & wheat farmers disappointed
The increase in agri credit by 11.11% to Rs 20 lakh crore for the next fiscal year will help reduce dependence of farmers on local moneylenders who often charge usurious interest rates, as they could take credit from the formal banking channels. Experts also see the proposal on the Agriculture Accelerator Fund for supporting startups in the agriculture sector as a positive.
The increase in agri credit by 11.11% to Rs 20 lakh crore for the next fiscal year will help reduce dependence of farmers on local moneylenders who often charge usurious interest rates, as they could take credit from the formal banking channels. Experts also see the proposal on the Agriculture Accelerator Fund for supporting startups in the agriculture sector as a positive.
The increase in agri credit by 11.11% to Rs 20 lakh crore for the next fiscal year will help reduce dependence of farmers on local moneylenders who often charge usurious interest rates, as they could take credit from the formal banking channels. Experts also see the proposal on the Agriculture Accelerator Fund for supporting startups in the agriculture sector as a positive. 
