Punjab Govt Disburses Rs 48.26 Crore in Crop Damage Relief to Flood-Affected Farmers
Farmers who have been affected by the recent floods are encouraged to consult their respective district authorities to ensure they receive the compensation they are entitled to. The state government remains dedicated to the welfare of its agricultural sector and will continue to take steps to assist farmers during challenging times.
In a significant move aimed at supporting farmers affected by crop damage due to recent floods, the Punjab government has disbursed a total of Rs 48.26 crore in relief funds as of September 11, 2023. The announcement was made by Punjab's Minister for Disaster Management, Brahm Shankar Jimpa.
In an effort to address the distress faced by farmers, the state government has introduced an unprecedented compensation scheme, providing Rs 6,800 per acre for the damage incurred by paddy saplings. This initiative underscores the government's commitment to mitigating the challenges faced by the agricultural community.
Jimpa revealed that an advance relief of Rs 33.50 crore was swiftly released in July when reports of flood risks began to emerge. Subsequently, additional relief funds have been disbursed to affected districts in a timely manner.
Also Read: Bajaj Finance to Accelerate Growth in the Indian Tractor Financing Market
The compensation process is being meticulously carried out based on girdawari reports, ensuring that the funds reach those who have suffered crop damage. According to the data received from various districts, a sum of Rs 25.22 crore has been deposited into the bank accounts of farmers in Patiala district, reflecting the government's dedication to assisting farmers in the region. Additionally, Rs 7.35 crore has been allocated to the farmers of Sangrur district, and Rs 5.09 crore has been distributed to the affected farmers in Ferozepur.
The Punjab government's swift response and proactive approach to disaster management have been lauded by various quarters, particularly the farming community. This relief initiative not only aims to alleviate the financial burden on farmers but also demonstrates the government's commitment to supporting the backbone of the state's economy.
Farmers who have been affected by the recent floods are encouraged to consult their respective district authorities to ensure they receive the compensation they are entitled to. The state government remains dedicated to the welfare of its agricultural sector and will continue to take steps to assist farmers during challenging times.
As the relief efforts continue, Punjab reaffirms its commitment to the prosperity and well-being of its farming community, working tirelessly to mitigate the hardships caused by natural disasters and ensuring a brighter future for agriculture in the region.
Also Read: Ludhiana's ICAR-ATARI Organizes Pioneering Review Workshop for Crop Residue Management Project
More News
-
VST Tillers Tractors Sold 2,110 Power Tillers, 473 Tractors in September 2024
-
Escorts Kubota Limited Reports August 2024 Tractor Sales of 5,614 Units
-
VST Tillers Tractors August 2024 Sales Report: 4,022 Power Tillers and 394 Tractors Sold
-
VST Tillers Tractors Ltd Reported Rs 22.85 Cr Net Profit for the Quarter Ended June 30, 2024