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The interest-free loan has been enhanced to Rs 5 lakh from the existing Rs 3 lakh limit.
Key Takeaways
- Limit for interest-free short-term loan to farmers increased from Rs.3 lakh to Rs.5 lakh. Target to disburse Rs.25,000 crore loan for 30 lakh farmers.
- Additional subsidy of Rs.10,000 to Kisan Credit Card holders under ‘Bhoo Siri’ Yojane to benefit 50 lakhs farmers.
- Implementation of Jeevan JyothiVimaYojane for 56 lakh small and marginal farmers’ families at an expenditure of Rs.180 crore.
- Interest subsidy for capital up to Rs.10 lakh to encourage Farmer Producers Organisation under Mukhyamanthri Raitha Unnathi Yojane. Preference to FPOs processing millets.
- Rs.100 crore to processing and export promotion of agricultural and horticultural products under Raitha SampadaYojane
- Incentive of Rs.10,000 to promote farmers growing minor millets under Raitha Siri Yojane.
- Introduction of Apical Root Culture Technology for self reliance of farmers in Potato seeds.
- Assistance of Rs.10 crore to Agriculture and Horticulutre Research Centre at Theerthahalli for research relating to disease management and increasing productivity of Arecanut crop.
- Establishment of Horticulture College in Tiptur.
- A grant of Rs.100 crore for Karnataka Grapes and Wine Board.
- A grant of Rs. 75 crore for Sahasra Sarovara and Sahyadri Siri programmes. Implementation of Jalanidhi Programme for constructing water ponds in farmers’ lands.
- Establishment of Hi-tech Silk Cocoon Market in Shidlaghatta at an expenditure of Rs.75 crore.
- Assistance of Rs.10 crore for establishing 32 Automatic Reeling Units; Rs.12 crore for providing Shredders to 1,000 Silk growers; Rs.5 crore for incorporating Hot Air Conveyor Dryer in 10 places in the State.
- Rs.8 crore for infrastructure development in Mysuru sowing area.