Telangana Government govt announces 50% subsidy on seeds for farmers
The Telangana Government has announced 50 per cent subsidy on purchase of seeds to reduce input costs for farmers in the Rabi season in view of the Kharif failure. Agriculture Minister Pocharam Srinivas Reddy informed this after a high level review meeting in Hyderabad yesterday evening. He said groundnut and Bengal gram seeds will be supplied to farmers at 50 per cent subsidy. Accordingly, a 30 kilogram bag of groundnut seeds will be sold at 1400 rupees and 25 kilogram bag of Bengal Gram seeds for 800 rupees. The decision gained significance as the number of farmers committed suicide is on rise due to crop failure in Kharif season. The Government has asked officials to monitor supply of seeds, fertilisers and power on a day-to-day basis and Bankers to issue fresh loans for Rabi season.