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5Évaluation

Agriculture Budget 2012-13 • Agriculture Budget outlay Rs.19,660 crore. • Implementation of schemes under Upper Krishna Project 3rd stage and rehabilitation works estimated at 17,207 crores. • Zero interest for small term agricultural loans obtained through co-operative institutions up to Rs.1.00 lakh. • Rs. 5500 crores provided for rural energy subsidy, including free energy for IP sets up to 10 HP • Cluster villages/area-based programmes. • Increase in buffer stock of fertilizers from 4lakh metric tonnes to 8 lakh metric tonnes. • Expansion of Bhoochethana programme. • Reforming market systems with assistance of NCDEX. • Follow up action to implement proposals received during Global Agricultural and Processing Meet • Expansion of sprinkler and drip irrigation, together with development of tanks. → Agricultural loan at 1% interest • Reduction of 1% interest on agricultural loans • From 2011-12, an interest of 1% will be levied on loans of upto Rs.3 lakh obtained through cooperative societies. The difference in interest from 3% to 1% will be borne by Government. → Global Agri-Investment Meet • In order to attract large investments in the agriculture sector, the "Global Agri-Investment Meet" was organized in June 2011. • Rs.50 crore was earmarked for preparing technical and financial project reports for this meet. → Agri--Revolving Fund • In order to ensure that the prices of paddy, jowar, maize, ragi and toor do not go below the SMP fixed by the Central Government, the Agri-Revolving Fund will be operated with an increased capital outlay of Rs.1000 crore.