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Hyderabad, February 10: The foodgrain output in the State is set to touch a record high of 207.29 lakh tonnes in spite of three cyclones — Phailin, Helen and Lehar impacting the State.
This is against 204.21 lakh tonnes in 2008-09. In 2012-13, the output was 187.37 lakh tonnes, according to Finance Minister Anam Ramanarayana Reddy. As per the latest estimates, the area under paddy crop is all set to showcase a new record. From 36.28 lakh hectares in 2012-13, it has increased to 43.95 lakh hectares during 2013-14, an increase of 21.14 per cent. During 2013-14, crop loans of ₹28,820 crore and agricultural loans of ₹9671 core were disbursed up to September 2013.
It is proposed to extend ₹62,224 crore of credit to the agriculture sector during 2013-14. Referring to the micro-irrigation system, the Finance Minister said about 9.75 lakh hectares have been brought under micro irrigation benefitting about 9 lakh farmers. The State had earmarked ₹572 crore for micro-irrigation during 2013-14.
During 2014, the State is expecting to add additional power generation capacity of 3910 MW. This includes two units of 800 MW each at APGenco Krishnapatnam, 1040 MW of Hinduja National Power Corporation, and 600 MW at Bhupalapally of APGenco, 120 MW of hydel power at lower Jurala and 50 MW at Nagarjunasagar tailpond.
Courtesy : http://www.thehindubusinessline.com/markets/commodities/record-foodgrain...