With 200 farmers estimated to have committed suicide during past five months, the Odisha government is likely to give priority to crop insurance in the agriculture budget for 2016-17.
A high-level pre-budget meeting convened under chairmanship of Chief Secretary A. P. Padhi deliberated on a wide range of issues concerning the agriculture sector here on Monday.
Mr. Padhi directed to develop a comprehensive crop insurance policy for both the loanee and non-loanee farmers focusing on reducing the time gap for disbursal of compensation by the insurance companies to them.
Besides, convergence of various schemes at ground level was given emphasis. The Chief Secretary also instructed the Agriculture department to prepare a theme-based proposals for maximising the outcomes through convergence for the budget.
Mr. Padhi asked to rationalise the subsidy and incentive structures in paddy and non-paddy farming, fishery, animal husbandry and horticulture.
The State government had come out with a separate agriculture budget from 2013-14. The size of agricultural budget has been consistently increasing over the last three years from Rs.7,161.87 crore in 2013-14 to Rs.10,903.61 crore in 2015-16.
Source : The Hindu
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