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i) Subsidy for purchase
of high/improved/Hybrid seeds and purchase of implements
In order to introduce better seed and produce hybrid seeds, it is
proposed to help farmers by way of giving subsidy on certified seeds
through Haryana Seed Development Corporation. A Provision of funds
to the tune of Rs. 112.50 lakhs for the purchase of Specific Gravity
Separators and other machinery/equipments has been made. The scheme
would aim at encouraging organic agricultural produce in consultation
with Agriculture department and H.S.D.C. Therefore, HSAMB has provided
a budget of Rs. 1.00 crore for providing assistance to the Haryana
Seeds Development Corporation.
ii) Subsidy on Purchase of Gypsum ,Reclamation
of Alkaline land
Gypsum is the important component of improving productivity
of soil. Govt. of India has declined to give subsidy, hence the
use of Gypsum has reduced. Alkaline land can be made fertile
only if the Gypsum is used by the farmers. This expenditure is now
to be borne by the Haryana Gov. Therefore HSAMB has provided a budget
of Rs. 1.00 crore for grant to HLRDC as subsidy for purchase
of Gypsum.
iii) Providing working capital to Haryana Seeds
Development Corporation.
Availability of quality seeds at affordable price is of utmost importance
for improving agriculture production. A proposal has been received
from H.S.D.C for financial support in shape of loan. It is HSAMB
who can help HSDC in its endeavor to provide farmers better quality
seeds. HSAMB proposes to provide working capital of Rs 5.00 Crore
to HSDC on an interest @ 6% p.a. for the purpose as requested by
the Managing Director, HSDC.The amount will be released by 15th
April and will be returned by HSDC to HSAMB after sale of seeds
and not later than 15th Dec of the same year.
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