CAMPCO has welcomed a budgetary grant of Rs.10.00 crores to the Thirthahalli Agri and Horticulture Research Station for developing technology to manage pest infestation in arecanut. The CAMPCO feels that the government support for research underlines its commitment to responding to the Areca Growers plight.
It provides for encouraging adoption of technology and scientific methods in agriculture and promoting integrated farming systems by emphasizing value addition and export of agricultural products.
The increase in Interest-free loan from Rs.3 lakh to Rs.5 lakh assistance fund to farmers is appreciable. Huge amounts have been sanctioned for irrigation and subsidy towards purchase of agricultural machinery. The Bhoo Siri scheme is set to benefit 50 lakh farmers.
Under this scheme, farmers with Kisan Credit Cards will get an additional subsidy of Rs10,000/- The Jeevan Jyoti Insurance scheme for farmers and
families worth ?150 crore have been declared. The Budget has been provided for the comprehensive development of the agriculture sector, says a press release.
President of CAMPCO A Kishore Kumar Kodgi is quoted as saying it is a good and balanced budget as it has provided funding to Agriculture as well as other Sectors.