Thiruvananthapuram: Kerala budget for the year 2014-15 gave more prominence to farmers and the agriculture sector. The Budget presented by Kerala Finance Minister KM Mani has set aside about Rs 50 crore for an income guaranteed scheme.
The scheme benefits farmers cultivating within two hectares of land in case their crops fail and 90 per cent of the expenses of the insurance will be borne by the government. Other farmer friendly projects include the formation of an agriculture mission to promote hi-tech farming with the help of agencies like MS Swaminathan Foundation and setting up of co-operatives for marketing of agriculture produce at the block level.
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