The state will provide 70 per cent subsidy on farm equipment to farmers who adopt drip irrigation, water tanks, solar water pumps and solar connections, an official said.
Furthermore in the next five years, 12 lakh hectares out of the total 28 lakh hectare area currently under paddy will be shifted to alternative crops like maize, sugarcane, cotton, pulses, fruits and vegetables, besides agro forestry, he said.
Fifty per cent subsidy on seeds, insecticides, pesticides, machinery and other input materials is also given to boost the cultivation of alternative crops, he said.
Government has also enhanced the budget for Punjab Agricultural University to Rs 300 crore for the year 2013-14 from Rs 190 crore of 2012-13 to help it carry out extensive research and development.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
