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MH-SUGARCANE-CM (BES15)


PTI 09 Aug 2018, 01:32 PM India

Sugar factories and district banks in

Maharashtra that fail to implement the state government's drip

irrigation programme for sugarcane crop will face strict

action, Chief Minister Devendra Fadnavis said today.

The government had last year made drip irrigation

mandatory for sugarcane crop in all the irrigation command

areas across the state.

Speaking at a meeting held in Mumbai, Fadnavis said it

is mandatory for banks to process at least 50 per cent of the

total loan applications received from farmers and sugar

factories for implementing the drip irrigation system before

the start of crushing season, which generally begins in

November every year.

The government had last year made it compulsory to

install drip irrigation system in the fields of total 3.7 lakh

hectares in a phased manner by 2019. The amount of loan will

be Rs 85,400 per hectare.

As per the programme, the government will borrow a

long term loan from National Agricultural Bank and Rural

Development (NABARD) and it will be distributed in a cycle

through state cooperative bank (Apex Bank) to District Central

Cooperative (DCC) banks and then to farmers.

Fadnavis said today that the Maharashtra State

Cooperative Bank (MSCB) will make a provision to enable

district banks to provide loans to the farmers for

implementing the programme.

He directed officials to ensure that the loan

applications of farmersand sugar cooperatives be processed

immediately.

"The banks and sugar factories that fail to implement

the drip irrigation programme will face strict action. The

power purchase contracts of the sugar cooperatives would be

stopped if they failed to comply with," the CM said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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