The agricultural growth rate has increased to 1.97%. To make things more accessible for the farmers the interest rate for the loans has been decreased to 6%. A very important problem is the dependence on rainfall. To lessen the dependence irrigation facilities have been extended to an additional area of 1.4 lakh hectares. To provide relief to stressed farmers who have been affected by the drought conditions, Rs.5200 crore has been sanctioned by the central government. This has been done to six districts of the Vidharba region. To compensate the crop losses Rs367 crore has been granted to the poor farmers. Apart from that stringent actions have been taken on 2821 illegal money lenders.
Research on agriculture and agricultural products needs to be conducted to tackle the diverse agro - climatic differences. Apart from that the transport and communication services, infrastructure development in the rural area has helped in developing the agricultural production of the state.
Last Updated on : 09 September 2011