Budget 2017-2018

Impact Of Budget 2017-2018 on Cooperative Bank:

  • MGNREGA should create productive asets to improve farm productivity, incomes. MNREGA allocation increased. Highest ever allocation for MNREGA at Rs 48,000 crore. Participation of women in MGNREGA up to 55%.
  • We will support Nabard for 63,000 functional PACs. Done in 3 years at an estimated cost of Rs 1,900 cr.  Issurance of soil health cards have gathered momentum.  Fasal Bima Yojana – 40% cropped area to be covered in 2017-18, 50% in 2018-19. A dedicated fund worth Rs 5,000 crore to be set up for micro-irrigation under Nabard