The Karnataka government on Thursday has put agriculture on top priority and increased allocation by more than half to Rs. 17,857 crore in a bid to revive the sector.
Calling it a first-of-its-kind ‘‘agricultural budget’’, chief minister BS Yeddyurappa also slashed interest on farm loans from co-operative institutions to 1% from 3% and plans to disburse upto Rs. 10,000 to 10 lakh small farmers ahead of the sowing season, among several new initiatives.
“The separate agricultural budget is an innovative step. This sector has the potential to generate more jobs and high income in the rural areas,” the CM told reporters after presenting the state budget on Thursday.
The focus on farmers, however, is also being seen as an attempt to win back popularity, coming close on the heels of a series of allegations over land allotments against Yeddyurappa who also narrowly survived a rebellion by party MLAs last October.
Yeddi arrested. Anna silent & Bhushan in USA to avoid any anti BJP questions.
ReplyDeleteLong live fake gandhigiri