evidence: In Short - The farm credit target is likely to be raised by about 10% to Rs 12 lakh cr in the 2019-20 Budget to be presented on Feb 1 - For the current fiscal, the government has set a credit target of Rs 11 lakh cr - Crop loans worth Rs 10.66 lakh cr were disbursed in the 2016-17 fiscal, higher than the credit target of Rs 9 lakh cr The farm credit target is likely to be raised by about 10 per cent to a record Rs 12 lakh crore in the 2019-20 Budget to be presented on February 1, according to sources. [...] "The government has been increasing the credit target for the farm sector every year. This time too, the target is likely to be increased by around 10 per cent or Rs 1 lakh crore to Rs 12 lakh crore for the 2019-20 fiscal," the sources said.