business πΎ TN CM announces huge boost for paddy and sugarcane farmers
Tamil Nadu Chief Minister C. Joseph Vijay announced a historic hike in special incentives for paddy and sugarcane farmers on Monday. This announcement was made by him in the Assembly, despite the state's financial constraints. For paddy, the incentive is βΉ289/quintal for fine varieties, making the total price βΉ2,750/quintal starting in September. Sugarcane farmers registered for 2025-26 will receive an extra βΉ709.50/tonne, bringing the total to βΉ4,000/tonne. The government stated this marks a significant increase in support over the last five years. πΎ