What comes as a major bonanza for farmers in Madhya Pradesh is the state cabinet decision on Tuesday to extend additional subsidy of Rs. 275 crore to the farm sector to offset the impact of the latest hike in electricity tariff by the Electricity Regulatory Authority.

Briefing about the cabinet decision at Mantralaya here, state minister Narottam Mishra told media persons that till now the state government was providing a subsidy of Rs. 1925 crore to farmers. With the additional subsidy approved by the cabinet, the total subsidy to the farm sector now goes up to `2200 crore.