Categories: State News

Rs 1,500 per acre incentive for farmers approved by Punjab Cabinet

The Punjab Cabinet has authorised a Rs 1,500 per acre incentive for farmers who grow paddy using the direct seeding of rice technology. A total of Rs 450 crore has been set aside to provide incentives to farmers who promote the DSR (Direct Seeding of Rice) technique, which uses less water and is more cost-effective. The incentive scheme was approved by the Cabinet in a meeting headed by chief minister Bhagwant Mann.

All Schemes of Government of India

KEY POINTS:

  • The incentive was offered by Bhagwant Mann to combat the state’s diminishing ground water table.
  • Paddy seeds are drilled into the field using the DSR process, which uses a machine that accomplishes both rice seeding and pesticide spraying at the same time.
  • Farmers nurture immature paddy plants in nurseries before uprooting and transplanting them onto a puddled field, according to the customary practise.
  • The incentive will encourage farmers to use this established approach, which uses significantly less water for irrigation, enhances percolation, decreases farm labour dependency, and improves soil health, increasing paddy and wheat yields by 5-10%.
  • The Cabinet also resolved to provide farmers Rs 1,500 per acre in financial support via Direct Benefit Transfer (DBT), for which the Punjab Mandi Board’s Anaj Kharid portal has already generated a database of roughly 11 lakh farmers with their Aadhaar numbers, mobile numbers, and bank account numbers.

Important Takeaways For All Competitive Exams:

  • Chief Minister of Punjab: Sh. Bhagwant Mann

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Find More State In News Here

Madhavi Gaur

Recent Posts

Daily Current Affairs Test December 27

Exams like SSC, Banking, Railways, and state-level tests provide opportunities for securing esteemed government jobs.…

11 mins ago

Former Prime Minister Dr. Manmohan Singh Passes Away

Former Prime Minister Dr. Manmohan Singh, a towering figure in Indian politics and economics, passed…

9 hours ago

Where is Disneyland Located?

Disneyland is a magical place that brings the world of Disney to life. The first…

13 hours ago

What is the Old Name of Hindon River?

The Hindon River is an important river in northern India, flowing through Uttar Pradesh and…

15 hours ago

Who is Known as the Waterman of India?

The Waterman of India is a title for someone who works to solve water problems…

15 hours ago

Who Won the 2009 ICC Champions Trophy?

The 2009 ICC Champions Trophy, also known as the "Mini World Cup," was held in…

16 hours ago