Business Standard

Tuesday, December 24, 2024 | 03:06 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

JK agri sector suffered losses of over Rs 4,000 cr in floods

Image

Press Trust of India Jammu
The agriculture sector in Jammu and Kashmir witnessed a loss of over Rs 4,000 crore in the last year's devastating floods, the state government said today.

"The crop loss in respect of agriculture sector adopted by Revenue department due to incessant rains and floods in the state was of the order of Rs 4,043.65 crore and has recommended payment of ex-gratia relief to the extent of 50 per cent of Rs 2,022 crore," Minister for Agriculture Ghulam Nabi Lone Hanjura said while replying to the demands for grants of agriculture department in the Legislative Assembly today.

He said that under Nabard loan funding, 13 project reports at an amount of Rs 58.39 crore were prepared and so far nine projects have been accorded administrative approval.
 

He said a working group of experts will be brought together who will guide the government as how to give boost to the agriculture and horticulture productivity for sustainable development.

The Minister said that the sale and stocking of substandard seeds, fertilisers and pesticides should not be allowed in the state.

He said the government will take stringent measures including cancellation of licences against those found indulged in this trade.

The Minister said that under centrally sponsored schemes, the department received an amount of Rs 196.33 crore.

Hanjura said with the introduction of Saffron Mission in the state, the average production of saffron has increased from 2.5 kg per hectare during 2009-10 to 4 kg per hectare during 2014-15.

He said the project is approved for an amount of Rs 400.11 crore under Saffron Mission.

"An amount of Rs 179.72 crore stands released by the Government of India against which Rs 142.72 crore has been expended ending Feb 2015," he said.

The minister added that by way of sale of cocoons the income generation of farmers during the current financial year 2014-15 reached Rs 12.20 crore.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 26 2015 | 8:32 PM IST

Explore News