The target for agricultural credit in 2017-18 has been fixed at a record level of Rs 10 lakh crores. The allocation for Scheduled Tribes has been increased to Rs 31,920 crores and for Minority Affairs to Rs 4,195 crores. The total resources being transferred to the States and the Union Territories with Legislatures is Rs 4.11 lakh crores, against Rs 3.60 lakh crores in BE 2016-17. For Defence expenditure excluding pensions, I have provided a sum of Rs 2,74,114 crores including Rs 86,488 crores for Defence capital. I have taken due care to limit the net market borrowing of Government to Rs 3.48 lakh crores after buyback, much lower than Rs 4.25 lakh crores of the previous year.

Source: Times of India February 01, 2017 09:45 UTC