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13 Aug 2022

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Investment support of INR 7,509 crore under Rythu Bandhu scheme for Telangana farmers

Investment support of INR 7,509 crore under Rythu Bandhu scheme for Telangana farmers

Under the Rythu Bandhu scheme Telangana government will provide INR 7,509 crore as investment support to over 63 lakh farmers for cultivation during the Kharif season.

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Farmers to get amount in two installments for two crop seasons

TELANGANA, 14 June 2021: Under the Rythu Bandhu scheme Telangana government will provide INR 7,509 crore as investment support to over 63 lakh farmers for cultivation during the Kharif season.

Agriculture Minister S Niranjan Reddy said that the government has made all arrangements to credit the amount at the rate of INR 5,000 per acre to the bank accounts of the farmers from June 15 to 25.

This year farmers who received landholding (pattadar) passbooks and registered their details through the Chief Commissioner of Land Administration (CCLA) on the Dharani portal by June 10 will be eligible to receive Rythu Bandhu assistance.

CCLA has submitted a list of 63,25,695 beneficiaries to the agriculture department. The departments estimated that an amount of INR 7,508.78 crore is required for assistance under the scheme for cultivation on 150.18 lakh acres across the state.

An additional 66,311 acres have been brought under Rythu Bandhu this year. This will benefit 2.81 lakh farmers.

First-time beneficiaries will have to submit their pattadar passbooks, aadhaar cards, and bank details to the agriculture extension officers concerned to avail of the benefit.

Among 34 districts, Nalgonda district has the highest number of beneficiaries (4,72,983). They hold 12.18 lakh acres of land and the district needs INR 608.81 crore.

Medchal Malkajgiri district has the least number of beneficiaries (39,762). They own 77,000 acres of land and will get the assistance of INR 38.39 crores under the scheme.

The state government made an allocation of INR 14,800 crore for Rythu Bandhu in the 2021-22 budget. Under the scheme, INR 10,000 investment support is being provided for every acre every year.

It was in 2018 that the government had launched the scheme with the announcement of INR 8,000 investment support per acre per crop. In 2019, the amount was enhanced to INR 10,000.

Image credit: newspatrolling.com


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