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Karnataka government allocates Rs 33, 700 crore for agri and allied sectors in Budget 22-23
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Saturday, 05 March, 2022, 08 : 00 AM [IST]
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Nandita Vijay, Bengaluru
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Karnataka government which is working all out to accelerate the growth of agriculture and allied sectors has allocated Rs 33,700 crore in 2022-23 fiscal in its Budget 22-23. The total Budget outlay is Rs.2,65,720 crore.
The state government has now given a major fillip to the agriculture sector with the strengthening of the agriculture education infrastructure with setting up of agriculture college at Hagari at Ballari district and Athani, Belagavi district. Also, Dharwad Agri University to have a chair on farmers' welfare.
In his maiden Budget speech, Karnataka Chief Minister S R Bommai who holds the finance portfolio said that the Krishi Yantradhaare scheme will be extended to all hoblis of the state. Mini food parks in all districts under PPP model will be soon coming up.
The government has set aside a Rs 500 crore fund given to Raitha Shakthi Yojana to help marginal farmers in terms of fuel cost for mechanised machines harvest crops. This will bring in farm efficiency and faster access to the markets.
Giving considerable attention on agriculture and irrigation, Bommai said an allocation of Rs 1,000 crore for Mekadatu project is sanctioned. In addition, Rs 500 crore have been allocated for farmer empowerment through energy project and purchasing of machinery for procurement of energy .
Three lakh farmers to get Rs 24,000 crore as farm loans. Three lakh new farmers to benefit. Government will increase gau-shalas from 51 to 100 in the state.
And Rs 50 crore will be allotted for increasing the gau-shalas to preserve local varieties of cattle. The government said that 2,000 cattle to be distributed to farmers. Gau Mata Sahakari Sangha to also be set up in the state.
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