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Presently, input subsidy for banana plantations that has suffered 33 per cent damage is fixed at Rs 13,500 per hectare, he said adding he has directed that a 'livelihood assistance' scheme be implemented for farmers involved in this crop with higher allocation.
Accordingly, input subsidy covering banana saplings, fertilisers and others will be provided at Rs 35,000 per hectare under normal cultivation method and Rs 50,000 for tissue plantation method, he said in a statement.
The benefits for farmers will range from Rs 48,500 to Rs 63,500 per hectare under different cultivation methods and depending upon duration, he added. Further, he extended a similar assistance for rubber farmers.
Accordingly, input subsidy covering banana saplings, fertilisers and others will be provided at Rs 35,000 per hectare under normal cultivation method and Rs 50,000 for tissue plantation method, he said in a statement.
The benefits for farmers will range from Rs 48,500 to Rs 63,500 per hectare under different cultivation methods and depending upon duration, he added. Further, he extended a similar assistance for rubber farmers.