Odisha Chief Minister Naveen Patnaik on Thursday announced financial assistance to compensate farmers affected by Cyclone Yaas that hit the State on May 26.
The CM said small and marginal farmers who have suffered more than 33 per cent crop loss in the cyclonic storm will get input subsidy and their short term Kharif loans will be converted into medium term loans.
As per the announcement, an input subsidy of Rs 6800 per hectare will be given to small, nominal farmers with over 33% crop damage in un-irrigated land while the input subsidy is Rs 13,500/ha in the irrigated land. Similarly, Rs 18,000/ha will be given for land growing year-round crops.
Farmers in the affected districts will be provided 25 per cent more subsidy on the existing subsidy for the 2021 kharif season. The subsidy amount will be transferred directly to their bank accounts through direct benefit transfer (DBT).
Farmers in the affected districts will be given a subsidy of Rs 20 crore to buy quality agricultural machinery while maximum Rs 15,000 subsidy will be given to a farmer for buying pump set.
The CM also announced special package for farmers in Bhadrak and Balasore where farmers suffered losses due to ingress of saline water into their farmland. He said Rs 750 per hectare will be given to improve soil quality (Nutrient Management & Soil Ameliorants).
He further said 125 betel leaf farmers will be given Rs 15,000 each through DBT. Similarly, Rs 40,000 will be given to 50 affected mushroom farming units.