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Business News/ Companies / People/  ICAR to invest Rs2300 cr on farm sector in 2010-11
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ICAR to invest Rs2300 cr on farm sector in 2010-11

ICAR to invest Rs2300 cr on farm sector in 2010-11

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Chennai: Looking to boost farm sector growth by more than 4%, the Indian Council of Agricultural Research has chalked out a Rs2300-crore programme with focus on research and making farming a popular livelihood option.

“Now every state is coming up well in the agricultural sector, with many touching close to about 2.8%. However, our annual target agricultural growth rate is about 4%, and we will be spending Rs2,300 crore in 2010-11," ICAR director general Dr S Ayyappan said.

The initiatives under the programme include gearing up to meet new challenges in climate change, Public-Private partnership projects and programmes to make more people take to agriculture as a livelihood.

“We are working deeply in all aspects in the country on climate change," he said.

The Public-Private Partnership initiative will benefit both sectors, besides the farmers.

“More emphasis on innovation and interaction between the two sectors may result in more synergy among them," he said.

To lure more people to take up agriculture as livelihood, various initiatives like farmers’ training and capacity building for more innovative agricultural practices have been chalked out. “We are also trying to bring them to higher stage by identifying innovators in each district and giving them awards at the national level," he said.

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Published: 21 Sep 2010, 11:55 AM IST
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