The government of India announced various incentives for sericulture farmers

The Karnataka State Government on Friday announced incentives for sericulture farmers producing bivoltine cocoons, as well as the establishment of new cocoon markets in Haveri and Kalaburagi. In presenting the State Budget 2022-23, Chief Minister Basavaraj Bommai stated that Karnataka was the leader at silk production and that the government will pay Rs. 10,000 incentives to sericulture producers for every tonne of bivoltine sold in government silk cocoon markets. In addition, the government said that hi-tech governmental cocoon markets will be created in Kalaburagi and Haveri districts at 15 crores with NABARD support. N.Y. Chigari, former Deputy Director of Sericulture for the Government of Karnataka, told that the cocoon markets in the North Karnataka districts of Haveri and Kalaburagi will benefit the sericulture farmers of the region. Because they had to go all the way to Ramanagaram to sell their produce. To make sericulture farmers aware of the latest techniques introduced ...