AP sets up new body to empower farmers, implement debt relief
5 Oct 2014 10:01 PM GMT
Farmers’ Empowerment Corporation (FEC), which will be headquartered in Vijayawada, around which the new Andhra capital will come up, is to become ‘fully functional’ by 22 October, a date announced earlier by chief minister N Chandrababu Naidu.
The finance department has been ordered to release a sum of Rs 5,000 crore from the 2014-15 Budget estimates to the Corporation for onward transmission to the eligible banks and farmers to ‘operationalise the farm sector debt redemption policy’, according to chief secretary IYR Krishna Rao.
The FEC would be a ‘one-stop-shop’ for all farmer development, welfare and empowerment activities, he said.
It would be assigned a central role in implementation of the proposed Primary Sector Mission, to be launched in Anantapuram district by former President APJ Abdul Kalam on 6 October, to provide boost to agricultural development.
‘The government has recognised that farmers’ welfare and development activities at present are handled by multiple entities that include different corporations and societies. Further, there is no single entity with the capacity and wherewithal to effectively deliver all farmers' empowerment activities,’ Rao noted in his order.
The finance department has been ordered to release a sum of Rs 5,000 crore from the 2014-15 Budget estimates to the Corporation for onward transmission to the eligible banks and farmers to ‘operationalise the farm sector debt redemption policy’, according to chief secretary IYR Krishna Rao.
The FEC would be a ‘one-stop-shop’ for all farmer development, welfare and empowerment activities, he said.
It would be assigned a central role in implementation of the proposed Primary Sector Mission, to be launched in Anantapuram district by former President APJ Abdul Kalam on 6 October, to provide boost to agricultural development.
‘The government has recognised that farmers’ welfare and development activities at present are handled by multiple entities that include different corporations and societies. Further, there is no single entity with the capacity and wherewithal to effectively deliver all farmers' empowerment activities,’ Rao noted in his order.
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