Multi-crore boost for agriculture sector
By The Hindu 17-Jul-2019
In suo motu statements in the House, Mr. Palaniswami said loans to the tune of ₹266 crore will be granted through NABKISAN Finance Ltd., a subsidiary of NABARD, for the benefit of farmer producer organisations (FPOs).
Infrastructure will be created in 90 regulated markets and 100 Uzhavar Sandhais (farmers’ markets) at a cost of ₹268 crore. Seed processing units will be set up in 20 FPOs at a cost of ₹12 crore. A value-addition unit for coconuts will be set up in Kanniyakumari at a cost of ₹16 crore, the CM said.
A sum of ₹100 crore will be spent on creating solar-powered cold storage and allied facilities to store farm produce in Madurai, Salem, Erode, Thoothukudi and Kancheepuram districts. Water management systems were being provided with subsidies, and in continuation of the scheme, ₹116.29 crore will be spent as subsidies for these systems, he said.
A supply chain management system will be implemented to handle fruits, vegetables and perishables. It will be implemented in Salem, Erode, Tiruvallur, Kancheepuram and Tiruvannamalai districts at a total cost of ₹100 crore, Mr. Palaniswami said.
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