The target for agricultural credit in 2017-18 has been fixed at a record level of Rs 10 lakh crores. Farmers will also benefit from 60 days’ interest waiver announced on 31 Dec 2016
Coverage under Fasal Bima Yojana scheme will be increased from current 30% of cropped area to 40% in 2017-18 and 50% in the following year.
The government has also set aside Rs 23,000 crores (up from Rs 15,00 crore) to build 1 crore houses by 2019 for the homeless and those living in kutcha
houses. This singular move would put a roof on the head of millions of poor and the other aim to make 50,000 Gram Panchayats poverty free by 2019 will coincide the 150th birth anniversary of Mahatma Gandhi.
In a landmark achievement, the government aims at 100% village electrification by 1st May 2018.
MGNREGA allocation to be the highest ever at Rs 48,000 crores in 2017-18 and proper utilization of allocated funds will also be focussed upon
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