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Monday, 2 March 2015 00:00 - - {{hitsCtrl.values.hits}}
The finance minister was likely to allocate $ 32 million for the project in this fiscal year’s budget on 28 February, a senior official said.
Smart cards can be issued to 140 million farmers in three years after testing soil for productivity, mineral mix, water capacity and salinity, and can be presented to government fertiliser suppliers.
Sudhir Panwar, president of a farmers’ lobby group, said the card will cut misuse of subsidised fertiliser. This could also help the government trim its fertiliser bill of around $ 10 billion.
Modi said a farmer with a holding of 1.2 hectares could save Rs. 50,000 ($ 805) per year, if the right amount of nutrients were applied.
Reuters reported last year that Modi, who popularised the program in the state of Gujarat that he ran, was likely to roll it out across the country.
Gujarat’s farm output grew at an annual average of 6% over the past three years - about a%age point higher than the national figure.
Modi has urged agriculture scientists and farmers to usher in India’s second green revolution after the first one in the 1960s that saw India more than treble its annual wheat output in just 15 years.