As part of the 2017-18 Union Budget, Finance Minister Arun Jaitley on Wednesday announced a target of agricultural loans to farmers set at a record Rs 10 lakh crore. Further, Jaitley announced a  Dairy processing infrastructure fund would be created under NABARD, with a capital of 8,000 crore. Meanwhile, the Cabinet approved the extension of tenure of loans under Credit Linked Subsidy Scheme of Pradhan Mantri Awas Yojana from 15 to 20 years.