STOCK MARKET BSE NSE

Sugarcane Procurement Price Hiked

Published: 12th January 2016 05:31 AM  |   Last Updated: 12th January 2016 05:32 AM   |  A+A-

CHENNAI: Chief Minister J Jayalalithaa on Monday hiked the procurement price for sugarcane for the current crushing season to Rs 2,850 per tonne. This includes the Fair Remunerative Price of Rs 2,300 announced recently by the Centre and the State Advisory Price of Rs 550 which, includes Rs 100 towards transportation charges.

During the last season, the price was Rs 2,650 per tonne. In a statement here, the Chief Minister said  when the Centre hiked cane price, keeping in mind the welfare of farmers, her government had been fixing a State Advisory Price which was higher than the price fixed by the Centre.  

“With a view to maximising sugarcane production, the government is implementing  various technologies such as Sustainable Sugarcane Initiative, drip fertigation etc., Subsidy is being given to install ‘shade nets’ for increasing sugarcane production”, she said.

She also recalled that 100 per cent subsidy had been given for small and marginal farmers  towards buying micro irrigation equipment while others were getting 75 per cent subsidy.

The small and marginal farmers who adopt Drip Fertigation technology have been given 100 per subsidy and others get 75 per cent subsidy.  Further, the ceiling on one acre fixed for availing  of the subsidy had been waived, she added.

System of Rice Intensification method is used for increasing the paddy production. Increasing the pulse production, converting arid lands into fertile lands, implementing precision farming technique, extending subsidy for drip irrigation, setting up godpowns for storing the products safely, etc were some of the measures implemented by my government. As  a result, the state has been creating new records in foodgrain productionevery year”, she added.

Stay up to date on all the latest Tamil Nadu news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp