1 hectare crop loss amounts to Rs 1.3 lakh; Compensation Rs 13,500 only
Palakkad: A farmer can earn Rs 1.30 lakh for a good yield from a one-hectare paddy field. But, in case of crop loss, the farmer will get only a compensation of Rs 13,500, if the crop is not insured. If insured, he will get Rs 35,000 per hectare.
None of these funds are likely to be granted immediately. At least Rs 20,000 is required for planting the second round crops. The farmers are unable to raise the amount for this.
Paddy cultivation in 25,546.49 hectares of land was damaged in the flood in Kerala. But the amount granted is not sufficient to compensate the actual loss.
The expense for cultivation in one acre of land is Rs 25,000 on an average. The farmer is supposed to get Rs 52,000 per acre and Rs 1.3 lakh per hectare as compensation, but he is granted only a meagre amount.
Some district panchayats provide Rs 17,000 for crops in one hectare as labour charge. Normally, Rs 5500 is provided to the farmers as per Holistic Agriculture Scheme and Rs 1000 as production bonus. These funds are not likely to be allotted this year as there was no production.
The government grants Rs 10,000 as an emergency aid for the families returning to their houses after flood. But no fund is provided for the farmers. Most of the farmers are unable to repay the loan amount due to crop loss. Resultantly, the banks may not grant them loans again.