In a major bonanza to farmers, Finance Minister Arun Jaitley today announced fixing support price of Kharif crops like paddy at least 50 per cent higher than the cost of production, while raising farm credit target for the next fiscal by 10 per cent to Rs. 11 lakh crore. Presenting the Union Budget 2018-19, Mr Jaitley reiterated the government's commitment to welfare of farmers saying that the emphasis is to generate higher income for farmers.
