Business Standard
Saturday, Nov 21, 2009
 
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Smart Portfolios II
  Search:

TN govt to spend Rs 520 cr on Agri Deptt
BS Reporter / Chennai June 29, 2009, 9:10 IST

The Tamil Nadu government has set aside over Rs 520 crore for the agriculture department to set up warehouse, cold storage units, insurance cover for crops and for various grants and subsidy. Meanwhile the government is also proposing rice intensification system and a council to regulate agricultural practice.

The Minister for State Agriculture Veerapandi S Arumugam said that in 2009-10 the state government would give grant and subsidy to the tune of around Rs 40 crore for 25 lakh farmers and will spend around Rs 200 crore as premium towards covering farmers’ crops through Agriculture Insurance Company.

He noted, in 2008-09, 8.5 lakh farmers were covered under the insurance scheme and claims to the tune Rs 279.55 crore paid in last fiscal.

He added, the government is planning to expand Horticulture in 20 districts across the state through co-operative. In 2007-08, the department had spent Rs 166.21 crore and for the current fiscal Rs 112.94 crore has been allocated to continue the scheme. Another Rs 10 crore has been allocated to the Horticulture department to set up a flower garden in 18 acres at Chennai.

The state government is also planning to adopt rice intensification technology to enhance agricultural production in the state during 2009-2010.

According to the policy note presented by Agriculture Minister in the Assembly, the state government would take steps to bring 7.5 lakh hectares under the rice intensification system during 2009-2010 and more attention will be given for perfect adoption of this technology to achieve higher production in paddy.

Steps would be taken to conduct demonstrations of rice intensfication system, to cover around 50,000 hectares through various schemes. Government has also fixed a target to cover 60.50 lakh hectare for crop coverage and production during the period.

The state government is also planning to procure 18,000 MTs of paddy seeds, 450 MTs of millets, 2,500 MTs of pulses, 6,386 MTs of oil seeds and 175 MTs of cotton seeds, which would be distributed to the farmers.

Meanwhile the government to setup an agricultural council in the state to regulate agricultural practice and maintenance of registeration of persons qualified in agriculture, horticulture and related fields.

Tamil Nadu State Agricultural Council Act, 2009 in the assembly, which was presented by the minister stated that the council would have 30 members, 20 of them whose names have been entered in the register for agricultural practitioners.

The council will be empowered to require information as to courses of study and examinations in agricultural institutions, inspect the institutions and examinations and the powers to withdraw recognition if the institutions do not conform to the standards with respect to staff, equipment, accommodation, training and other facilities for instruction and training.

Arrow Other Stories     
- Sensex makes remarkable recovery, regains 17K
- Bharati to go by Sebi norms on Great Offshore offer
- Galleon exits Edelweiss; sells 7% stake for Rs 255.54 cr
- Suzlon Energy's three promoters pledge 2.8 cr shares
- Draw export strategy of $300 bn: Assocham to govt
More  
  Read Business news in 
  Get financial advisory and solutions for your projects
  Holidays starting at a delightful EMI of Rs 3481
  Switch on and say hello to Monday morning !
  Your dream home can now be a reality.
  Visit Fortis for a preventive health check-up & get a 20% discount.
  Follow the ups and downs of your investments. Try our new Portfolio Tracker
  Kolkata Dock \ Freight contract for the British Gurkhas Nepal
  Find how Midsize Businesses use ERP to gain competitive advantage
  Trading in Forex is now as easy as 1-2-3
  Discover an economical and cost effective way to market your products and services
  Giftwithlove.com: Same day delivery of Flowers and Cakes to India
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
Most Popular
Read
E-Mailed
Commented
   
- Bharti Airtel slashes roaming rates by 60%
- Govt may allow private sector investment in education
- We are not trying for a monopoly: HAL chairman
- Patni may host all IT services on 'cloud'
- Bank stocks rise on merger talk
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should rich charitable trusts be brought under the tax net?
  Yes  No
Submit

  Hot Searches  
 
Amitabh Bachchan | N Chandrasekaran | Swine Flu | Mukesh Ambani | Anil Ambani | TCS | Infosys |  Air India |  Duronto |  Pranab Mukherjee | Sonia Gandhi | Congress | Rahul Gandhi |  Bigg Boss |  New Pension Scheme |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Ramalinga Raju |  Satyam |  Reliance  |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  |  B-School | DLF  Sensex |  Tax calculator | Home Loan  | Bollywood | Personal Finance |  inflation | oil prices |  World Bank | Reliance Infratel |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback