Karnataka: Agri sector grabs 25% of budget pie

Amid growing farm distress because of drought and floods, the JD(S)-Congress executive announced a significant boost for agriculture and allied sectors through allocating almost 25% of the total budget.

Of the total budget allocation of Rs 46,853 crore for agriculture and allied sectors, chief minister HD Kumaraswamy equipped Rs 12,650 crore for his crop mortgage waiver scheme, covering Rs 6,500 crore for waiver of loans with business banks and Rs 6,150 crore for those with loans in cooperative banks. “The executive has released Rs 5,450 crore towards the farm mortgage waiver scheme,” he added.


To counter Prime Minister Narendra Modi’s fresh promise to give Rs 6,000 in step with acre a yr to 12 crore farmers, Kumaraswamy announced a new scheme known as Raitha Siri to supply farmers financial assistance of Rs10,000 in step with hectare to encourage farmers to grow millets. The executive plans to extend the area under millet cultivation to 10,000 hectares.

Keeping in view diminishing paddy yield and cultivation house in recent years, especially in coastal and Malnad districts, he announced the Karavali Package, financial assistance of Rs 7,500 in step with hectare to encourage farmers to cultivate paddy.

Another new scheme, Raitha Kanaja, will provide minimal strengthen price to 12 notified farm produce. An everlasting assortment centre is planned to be opened throughout the yr in all Agricultural Produce Marketing Committees via a revolving fund

The executive can even be offering remunerative strengthen price to six essential minor millets, besides providing advertising and marketing facility and platform (Hopcoms, Nandini and other outlets) to promote their produce immediately.

With agriculture at the mercy of the monsoon, Kumaraswamy announced the implementation of the Israeli Model of Micro Irrigation System (IMMIS) with a corpus of Rs 145 crore and Zero-Budget Natural Farming (ZBNF) with a corpus of Rs 40 crore. While each have been envisaged last yr, they’re being carried out this fiscal to grow crops profitably through the use of less water and selling herbal farming methods.

To save you distress sale of onion, potato and tomato when costs crash, the federal government will announce a base price and supply incentives under Price Deficiency Payment Scheme if produce is bought below it.

The executive has additionally decided to arrange a Debt Relief Commission at the Kerala type to obtain court cases from farmers about personal monet lenders and redress their grievances. It’ll shortly carry within the Gruhalakshmi Crop Loan Scheme for small and marginal farmers who gets a crop mortgage on their adorns at an interest rate of 3%.

‘Hit through drought’

Karnataka has probably the most dry land after Rajasthan. Our state has been suffering from drought for 14 of 18 years since 2001. Farmers have change into desperate because of repeated losses. While Malnad and coastal areas, including Kodagu, have suffered because of heavy rain, 156 taluks have suffered from drought.

HD Kumaraswamy | chief minister

Major omission

A glaring omission used to be the Raitha Belaku scheme announced through the Siddaramaiah-led Congress executive. Under it, farmers in drought-affected areas gets Rs 5,000 per thirty days in step with hectare if the monsoons fails. The scheme has been scrapped in favour of the mortgage waiver scheme. “It additionally means that Rs. 3,500 crore earmarked for the challenge last yr will not be released,’’ stated a senior Congress leader.

Agri highlights

* Milk producers gets incentive of Rs 6 in step with litre

* Rs 15,000 crore for passion subvention on farm credit

* Rs 5,500 crore for crop insurance

* 50% subsidy for agri startup marketers

* Two world-class everlasting farm demonstration centres at VC Farm, Mandya and Sindhanur, Raichur

* Special package of Rs 150 crore to make stronger situation of pomegranate and grape growers

* Mango processing units in Ramanagara and Dharwad districts under PPP type


* Tomato processing units in Kolar district under PPP type


* Mobile veterinary clinics in 15 districts


* Fishing jetty for development of fishing at Malpe harbour in Udupi district


* Smart weighing machines in all 162 APMCs
Karnataka: Agri sector grabs 25% of budget pie Karnataka: Agri sector grabs 25% of budget pie Reviewed by Kailash on February 09, 2019 Rating: 5
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