Tamil Nadu Chief Minister Vijay announces increased procurement incentives for farmers
Tamil Nadu Chief Minister Vijay announced an increase in state-provided procurement incentives for paddy and sugarcane farmers during a legislative assembly session. Under Rule 110, the government raised the incentive for fine paddy varieties by 289 rupees per quintal and common paddy by 150 rupees per quintal. Additionally, sugarcane farmers will receive a state incentive of 709.50 rupees per tonne on top of the central government price. The government stated the move aims to support farmers despite current fiscal challenges, while some political parties have expressed that the increase remains insufficient.
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What Happened
Tamil Nadu Chief Minister Vijay announced an increase in state procurement incentives for paddy and sugarcane farmers while addressing the state legislative assembly under Rule 110. The new rates provide an additional 289 rupees per quintal for fine paddy and 150 rupees per quintal for common paddy, bringing the total procurement price to 2,750 rupees and 2,600 rupees per quintal respectively. For sugarcane, the state government will provide a special incentive of 709.50 rupees per tonne in addition to the central government price of 3,290.50 rupees per tonne.
The government stated that the decision was made to protect the interests of farmers and reduce the burden of production costs, despite the state's current fiscal situation. While some farmers' associations have welcomed the announcement, representatives from certain political parties have argued that the incentive amounts are insufficient and have called for further increases to better support agricultural income.
Key Facts
- Chief Minister Vijay announced the incentives under Rule 110 of the Tamil Nadu Legislative Assembly.
- The incentive for fine paddy was increased by 289 rupees per quintal.
- The incentive for common paddy was increased by 150 rupees per quintal.
- Sugarcane farmers will receive a state incentive of 709.50 rupees per tonne.
- The total procurement price for fine paddy is now 2,750 rupees per quintal.
- The total procurement price for common paddy is now 2,600 rupees per quintal.
The Timeline8
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Where This Is Being Covered3 languages
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- Urduاردو1 outlet
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5 states with local coverage. Spread across the country, with no regional concentration. Also carried by 2 national mastheads.
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