The Agricultural Policy 2013 will have more benefits and facilities for purchase of farm equipment and establishment of cold chain stores, said a release from the government.
Besides, the discounts will be effective for allied agricultural activities.
"State Agricultural Policy 2013 provides facilities and incentives for allied agricultural activities, irrigation, floriculture and pisciculture," said a statement of the state agriculture department.
Apart from raising discounts on purchase of farm equipment to as high as 75 per cent of cost, the policy aims to provide subsidy of 40 per cent for setting up of different farm related business with a cap of Rs 50 lakh. For scheduled tribe and scheduled caste farmers, the subsidy can go up to 50 per cent of total project cost.
The government has listed 63 projects for providing such reliefs.
To minimise post harvest loss of agricultural goods, there will be cold chain stores at low cost at different places of the state.
As per the new policy, the developers will now get up to 60 per cent rebate for setting up of cold stores in developed areas and 75 per cent if they set up this facility in under-developed areas. Earlier, the subsidy was capped at 40 per cent and 55 per cent respectively.
To increase irrigated farm land area in the state, the policy has provision to enhance the subsidy on private irrigation projects to 75 per cent of total cost and for community irrigation project, the rebate will be up to 90 per cent.
In a high level meeting attended by Chief Secretary, agricultural secretary, director of fisheries and animal husbandry, managing director of Agricultural Promotion & Investment Corporation of Odisha (APICOL) and head of United Nations Development Programme (UNDP), Odisha it was decided that an operational guidelines for the policy will be formulated by April 30. The compendium will be inaugurated by the Chief Minister on May 15, on the occasion of Akshya Tritiya, the auspicious day falling on May 13 when the sowing season begins in the state.
As per the policy initiatives, Industrial Infrastructure Development Corporation of Odisha (Idco) has been directed to establish farm industrial estate at 10 places in the state. Chipilima will be the first place to have such a centre.
To promote the aims and benefits of the policy among farmers there will be agricultural technology park at block levels in association with private partners. Besides, three Revenue divisions in the state will have awareness camps at various places.