Tuesday, May 29, 2007

Rs 25,000 cr mega plan to boost agriculture

Prime Minister Manmohan Singh on Tuesday announced a Rs 25,000 crore (Rs 250 billion) plan for boosting farm sector growth by addressing the needs at the grass-root level during the next four years.

"The Centre will commit funds if states maintain their baseline levels of expenditure. This will ensure greater public investment in agriculture," he said in his concluding remarks at the 53rd meeting of the National Development Council.

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