Telangana Agriculture Minister Pocharam Srinivas Reddy on Sunday informed that the foundation stone for Horticulture University will be laid in Medak district on January 7.
Speaking to media persons here, Pocharam said that foundation laying ceremony will be attended by Union Agriculture Minister Radha Mohan Singh, Chief Minister K. Chandrashekhar Rao and other dignitaries. He said that the university would be established at a cost of Rs. 1,831 crore which includes the cost of construction and other amenities. He said that the Centre has sanctioned Rs. 31 crore for the university while agreeing to release another Rs. 200 crore.
Pocharam said that the State Government was taking several steps to promote agriculture sector. Besides waiving off crop loans, farmers are being provided sees and fertilizers at subsidised cost. They are also being given input subsidy. He said Rs. 1,000 crore have been allocated in the annual budget for drip irrigation. (INN)