Higher credit may help farmers adopt more scientific ways: Experts

Budget announced a credit target of Rs 10 lakh cr for FY18

Agriculture industry players and analysts have welcomed the Union Budget's provision of higher credit for farmers which, they say, could now encourage the latter to adopt more scientific ways of farming. 

In the Budget, the government announced a Rs 100,000 crore hike in the credit target for the next financial year to Rs 10 lakh crore as part of it's efforts to double farm incomes in the next five years.

"More liquidity in farmers’ hands will increase their spending at the various levels. It will encourage them to adopt scientific farming and use of drip irrigation and technology would also