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Budget 2018: Agri-credit likely to increase to Rs 11 trn for better flow

All short-term crop loan accounts are being Aadhaar-linked from the current year

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Press Trust of India New Delhi

The farm credit target is likely to be raised by a whopping Rs 1 trillion (Rs 1 lakh crore) to a record Rs 11 trillion (Rs 11 lakh crore) in the Budget 2018-19 to improve credit flow in the agriculture sector, according to sources.

In the current financial year, the government has kept a credit target of Rs 10 trillion (Rs 10 lakh crore). Of which, Rs 6.25 trillion (Rs 6.25 lakh crore) has already been disbursed in the first six months till September 2017, the government data showed.

"The government's priority is agriculture. There is a possibility that the credit disbursal