Govt may exceed Rs 10 lakh cr farm credit target once again

A 2014 study says that share of loans smaller than Rs 200,000 has fallen sharply over the years

The Centre could exceed the farm credit target of Rs 10 lakh crore budgeted for 2017-18 financial as around Rs 6 lakh crore has already been disbursed in the first six months.

This also indicates that in 2018-19 Budget, the government might fix a higher target of farm credit disbursal a trend which has been followed since the last several years.

"We have targeted to distribute a farm credit of around Rs 10 lakh crore in FY 18 of which almost 60 per cent has been met, the target might by moved up in 2018-19 budget," a senior official remarked.

In 2016-17, the