The rural and inclusive orientation of the Budget is distinctly apparent. There are a couple of quite useful suggestions that might have escaped the public glare or have caught the public glare with the wrong interpretation.First,the move to facilitate the tenant farmers for access to bank credit will free the tenant farmers from the clutches of money lenders. This is because, around 70 per cent of the farm land is being currently cultivated by tenant farmers who have no access to bank loans. This is one of the reason why only 30 per cent of agri loans are covered by banks as tenant farmers can't produce land documents. al., 2014).There are several other measures in the Budget that has not received attention but could do wonders if executed effectively.
Source: Economic Times February 06, 2018 05:37 UTC