VILLUPURAM: District Collector R.Palanisamy has called upon the farmers to avail themselves of the financial assistance given by the government for improving sericulture practices and getting better yields.
He was addressing a workshop for sericulture farmers organised here on Thursday. He said for adopting the latest technology, buying equipment and setting up of sheds for silk worm rearing the government was giving a subsidy of 50 per cent, amounting to Rs.75,000. The banks were lending another Rs.75,000, thus, making a total assistance of Rs.1.50 lakh.
Besides this, for raising high-yielding mulberry plants the government was extending a grant of Rs.3,000 an acre. Therefore, the farmers should utilise the opportunity to their advantage, the Collector said. Assistant General Manager of National Bank for Agriculture and Rural Development G.Umamaheswaran, General Manager of the District Industries Centre K.Mahalingam and Assistant Director (Sericulture) S.Jothi Premkumar participated.