Govt To Give Subsidy For Oil Palm Tree Cultivation

Hyderabad, March 12 (Maxim News): Agriculture minister S. Niranjan Reddy said state government would give Rs. 20,000 as subsidy per acre for all those farmers who take up oil palm trees cultivation. He said that there would be a lot of benefits if the palm trees were grown under state government’s Harithaharam program.

Reddy made these remarks while replying to questions raised by the members in the state legislative assembly, during the discussion on the annual budget in the house. The Minister said that there was suitable environment in 23 districts of the state to take up palm oil trees cultivation and added that they had identified 2.73 lakh acres of land for oil palm trees cultivation in the state. He made it clear that it was the responsibility of the state government to inform the farmers about the crops that benefit them.

He said that two central teams came to the state and made it clear that in the state several areas are suitable for the palm oil tree cultivation. He said that the farmers would get their produce in four years and added that they could take up the cultivation of other crops in the same field. He said that the central government had allowed the state to take up the cultivation in 18100 hectares of land in the state while noting that as against the requirement of 21 million tonnes of oil, only 7 million tonnes was being produced in the country.

Targeting the central government, he alleged that although they requested the central government to link up the NREGS to the agriculture sector of the state, it ignored their request. (Maxim News)

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