In a fresh and celebrating move to ease the burden on farmers, the Haryana Government has announced an increase in subsidy on certified wheat seeds. Haryana government in its continuous effort to help farmers has now raised the subsidy on certified wheat seeds from Rs. 1,000 per quintal last year to Rs 1,075 per quintal for the upcoming sowing season.
Certified Wheat Seeds will be Sold Through Government Agencies
State Govt. further announced that the certified wheat seeds will only be sold through government agencies such as HSDC, NSC, HAFED, HLRDL, IFFCO, KRIBHCO, NFL and others. The selling price has been fixed at Rs 3,000 per quintal, which translates to nearly Rs 1,200 per acre for farmers.
Price Hike Linked to MSP
Notably, the selling price of certified wheat seeds is now Rs 3,000 per quintal this year. The increase is due to the Rs 150 hike in the Minimum Support Price (MSP) of wheat and an additional Rs 50 incentive per quintal being provided to seed-producing farmers. No doubt, the move by government is completely focused towards helping farmers and boost their income. Wheat is grown on around 60 to 62 lakh acres in Haryana every year. Of the 12 to 14 lakh quintals of certified wheat seed that are sold annually, nearly 5.5 lakh quintals are distributed through government agencies, while the rest comes from private seed producers. In this context, the Haryana government said that it will continue to bring out farmer-centric schemes and subsidies to ensure the benefit of farmers and also to ensure that the state remains a front-runner in bolstering the country’s food grain reserves.