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75,000 Crore loan for agriculture allied sectors this year

Posted by on June 8, 2011 0 Comment

Srikakulam: The Chief Minister Mr. N. Kirankumar Reddy has said that the government has prepared plans to provide loans to the tune of Rs. 75,000 crores to save the farmers, agriculture and allied sectors.

Addressing the Rythu Sadassu at the government degree college here on Wednesday, he said while the then government had provided only Rs. 50,000 crores during the ten years from 1994 to 2004, his government had prepared plans to provide Rs. 44 thousand ccrores during this year alone. He also said that instead of 10 to 12 percent interest, the government was charging only Pavala Vaddee for the farmers who repay crop loans promptly.

Mr. Reddy has said that the government had taken up farmer welfare programmes and also programmes for the uplift of the poor and such programmes were not being implemented in any other state. Stating that 28 lakh agriculgture connections were being provided free power, he said during the last six years, Rs. 25,000 crores was spent towards power subsidy.

Referring to the ambitious Jalayagnam programme, the Chief Minister said the government has so far provided irrigation water to 25 lakh acres at an expenditure of Rs. 62,000 crores. He also said that in the next three years irrigation water would be provided to 30 lakh more acres at an expenditure of Rs. 30,000 crores.

Mr. Kiran Kumar Reddy has said that the input subsidy of Rs. 1500 per hectare for the farmers who lost their crops during natural calamities which was in vogue till 2004, was increased to Rs. 6000 this year. He said input subsidy of Rs. 2,000 crores was provided to the farmers who lost their crops in the floods this year. In the month of December alone Rs. 680 crore was released for the farmers who lost their crops in the floods,. Of this Srikakulam district would get Rs. 88 crores, he said.

The Chief Minister has also mentioned that the state government was spending Rs. 8230 crores towards fertilizer subsidy. He has said that the farmers have got good crops as the government had provided seeds, fertilizers and crop loans on a large scale, during the last Khariff season. The farmers had produced paddy of 32 percent over the normal production, Mr. Reddy said. He said it was estimated that this year the production of paddy was of the order of 207 lakh matric tones. He said while the government agencies used to buy 2 to 3 lakh tones of grain from the farmers every year, this year alone the government got the Indira Kranti Padham women groups buy 15 lakh tones of paddy at a cost of Rs. 1500 crores.

The Chief Minister has said that from 1999 to 2004, the MSP for paddy per quintal was only Rs. 520 and his government has increased it to Rs. 1030. Feeling that even the enhanced price was not sufficient, he said the government has urged the central government to further enhance it by another 200 rupees. He said the government was digging 1 lakh bore wells to irrigate 10 lakh acres belonging to the SCs and the STs.

Roads and Buildings minister Mr. Dharmana Prasada Rao has said that the Chief Minister was taking steps to make Srikakulam number one district in the entire state. He said the Chief Minister would be laying foundation stone for the long awaited bridge on the river Nagavali between Ponnada and Srikakulam. He would also be laying foundation stone for the National Academy of Construction building at a cost of Rs. 7 crores, Rs. 8 crore TTD Kalyana Mandapam, and 46 room tourism hotel at Arasavalli and improvement of GT Road at a cost of Rs. 18 crores and Rs. 50 crore expansion of road at the Potti Sriramulu Nagar. He would also be laying foundation stone for the new collectorate building complex being built at a cost of Rs. 50 crores.

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