Government to pump in Rs. 5,000 crore, says Minister
Construction of 2100 MW gas based thermal power plant at Nedunuru to begin soon
Minister claims food production increased from 137 lakh MT in 2004 to 199 lakh MT
KARIMNAGAR: The State government has decided to revive Fertilizer Corporation of India in Ramagundam, according to Minister for Agriculture N. Raghuveera Reddy.
Speaking after formally launching the classes at the Agricultural College and laying foundation stone for the construction of buildings for the college at the Polasa Agricultural Research Station near Jagtial on Tuesday, the Minister said that the government would spend about Rs. 5,000 crore and revive the FCI under private-public partnership. He said that they would soon launch the construction work for the 2100 MW gas based thermal power plant at Nedunuru in Karimnagar district.
He said that the State government provided crop loans to 96 lakh farmers as against 59 lakh lakh farmers in 2004. Interest rates on crop loans have been reduced from 13 per cent to 3 per cent. He also announced that the government would pay Rs. 5,000 incentive to the farmers, who repaid the crop loans from next month.
The farmer-friendly schemes being implemented by the government helped in increasing the food grain production from 137 lakh tonnes in 2004 to 199 lakh tonnes during the last season. The distribution of free power to farm sector, completion of irrigation projects and good minimum support price to all the farmers produce had helped increase food grain production, he said.
The Acharya NG Ranga Agricultural University Agricultural College would offer B Sc (Agriculture) course from this academic year. Against the sanctioned strength of 60 seats, 42 students were admitted so far.