Kumari Palany & Co

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Subsidy for 95 Sericulture Farmers

Posted on: 01/May/2010 8:02:18 AM

C.Rajendran Collector of Vellore district distributed about Rs 10 Lakhs by way of subsidy to 95 sericulture farmers here under Catalytic development program.

The subsidy included Rs.6.25 lakh to 11 sericulture farmers for construction of separate silkworm rearing sheds. The subsidy constituted 50 per cent of the unit cost or a maximum of Rs.50, 000 per farmer in the case of a shed of 1,000 square feet, or Rs.75, 000 in the case of a shed with an area of 1,500 square feet, whichever was lower. The Collector also gave away cheques for Rs.3.75 lakh, as subsidy to 84 beneficiaries by way of incentive for planting high-yielding mulberry varieties.

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