YSR offers Rs 100 cr relief package to ryots

Written by Economy Bureau | Hyderabad, Feb 26 | Updated: Feb 27 2008, 06:32am hrs
In a bid to provide relief to farmers hit by unseasonal rains, the Andhra Pradesh government has announced a special package. According to officials, the package will cost the government over Rs 100 crore.

Announcing the package, Chief Minister YS Rajasekhara Reddy said that the state government is in negotiations with the Food Corporation of India (FCI) to ensure procurement of the damaged paddy.

We are expecting approval from the Central government on the issue soon, the Chief Minister told the Assembly.

Hopefully, the damaged paddy will be procured by FCI through its own procurement centres in all the affected areas, Reddy said.

This apart, the state government has also instructed Markfed to start procurement of damaged Bengal-gram at Rs 1,700 per quintal.

The state government is pay for the losses incurred by Markfed in this mission, the Chief Minister said.

Further, the government is also in touch with the banks to organize district-level meeting to reschedule the crop loans and issuing of new loans in the affected districts.

Reddy further said that the government has decided to pay compensation to all the crop loss in Prakasam, Guntur, Krishna and other affected districts due to heavy rains.

Fully damaged crop will be adequately compensated with a special assistance including: paddy Rs 4,500 per hectare, pulses Rs 3,750 per hectare, maize Rs 3,750 per hectare, groundnut Rs 4,500 per hectare, sunflower Rs 3,750 per hectare, chillies Rs 4,500 per hectare, and vegetables Rs 4,500 per hectare.

Meanwhile, the Tobacco Board has agreed to provide special assistance to tobacco growers at Rs 5,000 per hectare in case of fully damaged crop and Rs 2,000 per hectare in case of partly damaged crop. The compensation will be disbursed immediately, sources said.