Giving a good boon to agricultural sector, Punjab Chief Minister Amarinder Singh on Sunday approved 'Wheat Seed Subsidy Policy-2020-21’ of the Agriculture Department to provide certified wheat seeds at 50 percent subsidy to farmers in the Rabi season.

A total of 1.85 lakh quintals of certified seeds, with Rs 18.50 crore worth of subsidy, will directly benefit about 2.5 lakh farmers under the policy, an official release said here. Subsidy equivalent to 50 percent of the total cost of seeds, or to a maximum of Rs 1,000 per quintal, will be directly transferred to the bank accounts of applicant farmers. Further, the subsidy for wheat seeds will be provided for a maximum of 5-acre area.

The chief minister directed the Department to give priority to small and marginal farmers for providing subsidized seeds. The subsidy should be given only to entitled farmers and the subsidy amount should be transferred directly to the accounts of beneficiary farmers, the chief minister said.

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