Central govt extends permission for oil palm cultivation in Siddipet

Central govt
(file photo)

Siddipet: The Union government has extended permission to take up the cultivation of Oil Palm in Siddipet district in over 50,000 acres. Since Siddipet project is getting multiple reservoirs under Kaleshwaram Lift Irrigation Scheme (KLIS), Chief Minister K Chandrashekar Rao has been underlining the importance of cultivating the crops that gives highest profits besides having better demand in the market. As the Ranganayaka Sagar, Anantha Sagar, Konda Pochamma Sagar have already been completed and the works of Mallanna Sagar, Gouravelli, and Gandhamalla reservoir were going at brisk pace, the district administration under the guidance of the Finance Minister T Harish Rao have sent a request to Centre seeking permission to take up cultivation of Oil Farm in Siddipet.

Under the National Mission for Oil Seeds and Oil Farm, the Centre has been extending support to the farmers those who were taking up Oil Palm cultivation. The Centre and State governments would extend subsidy in 60:40 ratio. The Oil Palm would start giving harvest after three to four years after its plantation. It would continue to give harvest for 23 to 30 years. Since the availability of surface water has increased considerability across Telangana as the government has completed KLIS and several pending projects in Krishna and Godavari basin, Telangana government has been showing interest to encourage the farmers to take up Oil Palm cultivation. During the recent months, the Telangana government has conducted a feasible study across Telangana to send a report to Centre seeking permission for  taking up cutlivation of the crop in 2.78 lakh acres across 18 districts in addition to existing 50,000 acres in four districts.

Central govt
Finance Minister T Harish Rao

Finance Minister, T Harish Rao has said that they will put every possible effort to make farming profitable in the State. District Horticulture Officer, Ramalakshmi has said that they were offering assistance under MNREGS to take up Oil Palm cultivation. A farmer can earn Rs 70,000 to 80,000 on each acre of Oil Palm Cultivation besides the famer can also increase their income by taking other internal crops as suggested by the horticulture department.




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