Hindu Businessline
Hyderabad, Nov. 8
Faced with widespread loss to the farm sector due to the recent rains, the Andhra Pradesh Government has decided to reschedule crop loans, facilitate new loans for sowing during Rabi season and offer additional seed subsidy to farmers in the badly impacted mandals of the State.
This decision follows a meeting at State Secretariat where several Cabinet colleagues interacted with the Chief Minister, Mr K. Rosaiah, to take stock of the latest flood situation and necessary follow-up measures.
Addressing a press conference, the Agriculture Minister, Mr N. Raghuveera Reddy, said more than 2.84 lakh hectares of paddy fields have been affected due to the recent rains.
This will not only impact the farmers financially but also hamper their ability to repay loans.
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