KCR moots separate budget for agriculture

KCR moots separate budget for agriculture
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Highlights

In yet another major decision towards strengthening the agriculture sector in Telangana, Chief Minister K Chandrasekhar Rao has decided to introduce separate budget for agriculture by creating an independent financial body from the next financial year.

Hyderabad: In yet another major decision towards strengthening the agriculture sector in Telangana, Chief Minister K Chandrasekhar Rao has decided to introduce separate budget for agriculture by creating an independent financial body from the next financial year.

The agriculture budget is likely to be around Rs 20,000 crore to Rs 25,000 crore. In the financial year 2017-18, the government earmarked Rs 6,000 crore for agriculture. The agriculture budget will also include Rs 4000 per acre incentive announced for recently for the farmers.

The Chief Minister instructed the officials of the Agriculture department to prepare modalities for the implementation of the incentive scheme. It is also decided to constitute an expert committee involving noted agricultural scientists from across the country to address the farming issues in the state.

These decisions were taken after a daylong meeting the Chief Minister had with the officials of the Agriculture department at his camp office on Sunday.

According to officials, the issues pertaining to the farmers, irrigation needs, tenant farmer issues, etc were discussed at the meeting. In view of the increasing government role in the agriculture sector, KCR has decided to create a separate financial body to oversee the issues of the agriculture sector.

Top sources in the Financial department said the separate financial body in consultation with the Agriculture, Horticulture and Animal Husbandry departments would prepare a plan of action for the whole year and earmark funds based on the requirement every agricultural season.

Sources said that an expert committee with the agricultural experts would be created by the end of this year. The committee would study the crop pattern and farmers’ plights from time to time and make suggestions to the government to address the growing incidence of farmer suicides, provision of Minimum Support Price, etc.

Apart from this, the government would create high-end infrastructure facilities for the storage of crops until farmers get remunerative price for the produce.

Officials said Agri Clusters for every 5,000 acres would be created where the Agriculture department would monitor farming activity closely and promote farming as a profitable profession.

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