The Punjab Cabinet led by Chief Minister Bhagwant Mann on Friday gave nod for hiking the compensation due to unseasonal rains by 25 per cent per acre.
A decision to this effect was taken by the Council of Ministers at its meeting held here.
A spokesperson for the Chief Minister's Office said keeping in view the loss incurred by the farmers due to rains, the Cabinet decided to enhance the relief amount from Rs 12,000 per acre to Rs 15,000 per acre for 76-100 per cent for loss of crops.
This measure will give a healing touch to the affected farmers who will be able to get a reasonable financial relief from the government. These relief rates will be applicable from March 1.
Keeping in view the larger public interest, the Cabinet also gave its consent to extend the exemption of 2.25 per cent stamp duty and fees to those registering their property or land by April 30.
Those opting for registration of land will now be exempted from one per cent additional stamp duty, one per cent PIDB fees and 0.25 per cent special fees.
It also gave approval for hiring 2,574 Kisan Mitras and 108 field supervisors in the Agriculture Department.
These Kisan Mitras and field supervisors will encourage the farmers to get out of the rut of wheat and paddy circle and cultivate less water guzzling crops like cotton and basmati.
This step will act as a catalyst to save groundwater by boosting crop diversification programme on one hand and providing employment to the youth of the state on the other.
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