The budget 2017 has placed special focus on agriculture and the farming community which is one of the most positive aspects of this budget. In fact, agricultural sector has been the most significant beneficiary of this budget.
The rise in total allocation for rural, agriculture and allied sectors for 2017-18 by 24 percent is very encouraging and would provide a much-needed boost to the rural economy. Apart from lowering interest rates on loan for farmers, Finance Minister Arun Jaitley has also announced a slew of measures aimed at incentivising farming. For instance, support to NABARD for 63,000 functional PACs over