2010-2011 - Tamil Nadu Legislative Assembly

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in 2005-2006 to 7 lakh 80 thousands in 2009-2010. A sum of
Rs.891 crores has been disbursed as compensation over the last
four years. A sum of Rs.40 crores as insurance premium subsidy
and another sum of Rs.200 crores as state’s share towards
compensation for crop loss have been provided in this Budget.
6. This Government has raised the procurement price
for sugarcane to Rs.1,025 per tonne in the year 2006-2007,
Rs.1,034 per tonne in the year 2007-2008 and Rs.1,100 per
tonne in the year 2008-2009 and is paying Rs.1,550 per tonne
inclusive of transport charges and recovery based incentive for
the current crushing season. With a view to further
encouraging sugarcane farmers, this Government has
decided to pay an additional price of Rs.100 per tonne for the
current crushing season (2009-2010) and accordingly the
sugarcane farmers will be paid an increased price of
Rs.1,650 per tonne instead of Rs.1,550 per tonne.
Considering the price of Rs.1,014 that the sugarcane farmers
were getting in 2005-2006 before this DMK Government
assumed charge, I am very happy to announce the sweet
news that the sugarcane farmers will be given Rs.2,000 per
tonne inclusive of transport charges and recovery based
incentive for the coming crushing season(2010-2011).
7. Accepting the long standing demand of farmers to
raise the procurement price of paddy to Rs.1,000 per quintal, this
Government has enhanced the procurement price for the
common variety of paddy to Rs.1,050 per quintal and for the
fine variety of paddy to Rs.1,100 per quintal by giving
additional incentive over and above the price fixed by the