{"id":25362,"date":"2018-03-20T11:36:11","date_gmt":"2018-03-20T11:36:11","guid":{"rendered":"http:\/\/punjabnews24.com\/?p=25362"},"modified":"2018-03-20T11:36:11","modified_gmt":"2018-03-20T11:36:11","slug":"promises-galore-but-little-done-to-revive-farm-sector","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/promises-galore-but-little-done-to-revive-farm-sector\/","title":{"rendered":"Promises galore, but little done to revive farm sector"},"content":{"rendered":"<p>Chandigarh,<br \/>\nThe Congress returned to power in Punjab by promising the moon to the state\u2019s lakhs of farmers. Besides a complete loan waiver, the party had promised<\/p>\n<p>subsidised farm machinery to unemployed youth so that they become \u201cagripreneurs\u201d, loans to cooperative sugar mills, prohibit \u201ckurki\u201d and sale of land<\/p>\n<p>mortgaged to lending agencies, and raising the compensation for crop loss from Rs 8,000 to Rs 12,000 per acre.<\/p>\n<p>Reality bites<br \/>\nSome of these initiatives were announced by Finance Minister Manpreet Singh Badal in his Budget proposals for 2017-18. One year into the government, but<\/p>\n<p>nothing worth mentionable was done. Of Rs 1,500 crore earmarked for crop loan waiver, relief worth only Rs 330 crore has been given till date. The scheme for<\/p>\n<p>providing 25,000 tractors at subsidised rates has not taken off and the cooperative sugar mills are still struggling to clear their dues of two years.<\/p>\n<p>There is also no sign of the Punjab State Agriculture Insurance Corporation that was promised to be set up.<\/p>\n<p>The only achievement of the Congress government in the agriculture sector has been the start of the crop loan waiver scheme, even if only 22 per cent of the<\/p>\n<p>allotted sum has been spent. It was only two days back that the state government released Rs 42.86 crore to be paid as compensation to farmers for crop loss,<\/p>\n<p>although the enhanced compensation is yet to see the light of day.<\/p>\n<p>Schemes hit<br \/>\nAlmost all agriculture schemes, most important among them being the Rashtriya Kisan Vikas Yojana (RKVY) were hit this year because the cash-strapped<\/p>\n<p>government could not provide the matching grants. With the Irrigation Department being caught in a huge scam, nothing was done to reline old channels. Other<\/p>\n<p>than in the Budget proposals, there was no talk on canalisation of state\u2019s rivers and creating high-speed economic corridors along these.<\/p>\n<p>Outlay up, but spending down<\/p>\n<p>Figures available with The Tribune show that the government had increased the total budget outlay for the farm sector by 65 per cent over 2016-17, to Rs<\/p>\n<p>10,580 crore. Of this, Rs 1,500 crore was for crop loan waiver and Rs 7,665 crore for power subsidy. In effect, only Rs 1,420 crore was to be used for<\/p>\n<p>agriculture research and education, soil and water conservation and irrigation. Just as the actual outlay was just 15 per cent of the projected outlay, the<\/p>\n<p>spending, too, was much less.<\/p>\n<p>\u2018Poised for farm boost\u2019<br \/>\nManpreet told The Tribune that his government had performed much better on the agriculture sector than the previous government. \u201cWe had both bumper crops<\/p>\n<p>\u2014 wheat and paddy \u2014 which helped infuse Rs 10,000 crore to Rs 12,000 crore in the state\u2019s agrarian economy. The fact that the government ensured a<\/p>\n<p>smooth procurement helped in this additional infusion. Since most schemes are centrally sponsored, we faced certain problems. But next year will be much<\/p>\n<p>better,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chandigarh, The Congress returned to power in Punjab by promising the moon to the state\u2019s lakhs of farmers. Besides a complete loan waiver, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25363,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[314],"tags":[],"class_list":["post-25362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-punjab"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/25362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=25362"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/25362\/revisions"}],"predecessor-version":[{"id":25364,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/25362\/revisions\/25364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/25363"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=25362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=25362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=25362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}