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India : DISTRICT GOVT. earmarks Rs.70.40 crore for farm loans and procurement of 15,906 tonnes of fertilizers
Publish Date : 01-Sep-2015
The district government in Ramanathapuram, Tamil Nadu has set aside Rs. 70.40 crore for farm loans and procurement of 15,906 tonnes of fertilizers for farmers to allow them to do paddy farming on about 1.71 lakh hectares. Cooperative officials claim, Primary Agriculture Cooperative Credit Societies (PACCS) have so far distributed loans of Rs. 77 lakh to 123 farmers in the district.
Cooperative dept. has asked Tamil Nadu Cooperative Marketing Federation (TANFED), Sivaganga, to purchase 15,906 tonnes of fertilizers.
The fertilizer stock position in the societies had reached 5,042 tonnes, including 2,203 tonnes of urea and 1,576 tonnes of di-ammonium phosphate (DAP). The department had taken measures to keep sufficient stocks of seeds of paddy, pulses and other crops.
The department had distributed Rs. 277 crore so far, after National Agriculture Insurance Company released Rs. 289 crore towards disbursal of crop insurance for the year 2013-14.
