Bihar govt sanctions Rs 777.52 cr for agri purposes
Bihar government today sanctioned Rs 777.52 crore for promotion of agriculture and allied activities in the state in 2011-12.
The decision was taken at a cabinet meeting presided over by Chief Minister Nitish Kumar, principal secretary (cabinet coordination and secretariat) Ravikant told reporters here.
The fund under National Agriculture Development Project comprising the central grant of Rs 711.68 crore and the state”s contribution of Rs 65.84 crore would be used for agricultural and allies activities during the year, he said.
The money would be used for increasing paddy production, promotion of scientific techniques for augmenting production, promotion of hybrid and certified seeds and related activities, Ravikant said.
In addition, the cabinet also agreed to a proposal by a private company to set up a sugar mill with 2500 TCD (tonne sugarcane crushed per day) and a 5 MW captive co-generation power plant at an estimated cost of Rs 129.33 crore at Satha Nauadih in Paharpur block of the district, he added.