NewKerala.com

Telangana Allocates ₹9,000 Crore to Farmers, Releases First Instalment

The Telangana government has allocated ₹9,000 crore under the Rythu Bharosa scheme, with Chief Minister A. Revanth Reddy releasing the first instalment of ₹3,590 crore. The scheme provides an annual input subsidy of ₹12,000 per acre to support 70 lakh farmers across the state. Reddy highlighted that the Congress government has significantly increased monthly spending on farmer welfare compared to the previous regime. He also emphasized the need for crop diversification and noted Telangana's top position in paddy production while urging greater procurement support from the central government.

Key Points: Telangana's ₹9,000 Crore Rythu Bharosa for Farmers

  • ₹9,000 crore allocated under Rythu Bharosa
  • First instalment of ₹3,590 crore released
  • Benefits 70 lakh farmers with ₹12,000/acre subsidy
  • Aims for crop diversification beyond paddy
  • State leads in paddy production but seeks central procurement
2 min read

Telangana allocates Rs 9,000 crore under Rythu Bharosa scheme

Telangana govt allocates ₹9,000 crore under Rythu Bharosa, releasing ₹3,590 crore to farmers. CM Revanth Reddy outlines welfare spending and crop plans.

"The people's government has so far spent over Rs 1 lakh crore on farmers' welfare within just two years. - Chief Minister A. Revanth Reddy"

Hyderabad, March 22

The government of Telangana has allocated Rs 9,000 crore under Rythu Bharosa scheme to provide financial assistance to farmers for cultivation on 1.50 acres.

Chief Minister A. Revanth Reddy on Sunday released first instalment of Rs 3,590 crore at a public meeting held at Narmeta in Siddipet district.

With Sunday being a holiday, the amount will be credited in the bank accounts of farmers on Monday.

He announced that second instalment of Rs 2,650 crore will be released within the next 20 days while the remaining Rs 2,760 crore will be released in the next 20 days.

Under the scheme, the state government provides Rs 12,000 annually as input subsidy to farmers for every acre. The scheme benefits 70 lakh farmers.

The Chief Minister stated that despite the financial problems, the government is continuing welfare schemes for farmers.

He said during the previous regime, Rs 2,533 crore was spent every month for farmer welfare but in the 28 months of the Congress government, Rs 5,500 crore were spent every month.

CM Revanth Reddy said that the government wants to see happiness in the eyes of farmers by implementing welfare schemes including remunerative price for the agricultural produce.

He remarked no state where farmers cry can prosper.

He said the government was also providing compensation to farmers who have suffered crop losses.

"The people's government has so far spent over Rs 1 lakh crore on farmers' welfare within just two years," he said.

The Chief Minister revealed that Telangana has emerged as the number one state in the country in terms of paddy production.

He noted that this season, the government procured 71 lakh tonnes of paddy. He, however, lamented that the Central government is not procuring anything beyond 50 lakh tonnes.

Emphasising the need for transformation in agriculture, he said farmers need to adopt crop diversification.

He recalled that in the past, different regions used to cultivate various types of crops specific to their locality.

"There is a need to encourage farmers to cultivate not just paddy, but a diverse range of crops. Plans necessary to facilitate this must be formulated," he said.

Revanth Reddy said with the support of the Central government, the state government will ensure that the crops cultivated by farmers become profitable.

- IANS

Share this article:

Reader Comments

S
Shreya B
Rs 9,000 crore is a massive allocation! It's good to see a state prioritizing farmers. However, I respectfully disagree with the CM's comparison with the previous regime. Such political point-scoring takes away from the actual issue. The focus should solely be on effective implementation and crop diversification, which he rightly mentioned.
A
Arjun K
The point about the Centre not procuring beyond 50 lakh tonnes of paddy is a real concern. State governments can only do so much if the central procurement policy isn't supportive. This is a national issue that needs addressing.
P
Priya S
Crop diversification is the key! We can't keep relying only on paddy and wheat. My uncle in Warangal has started growing pulses and his income is more stable now. The government should provide more training and market linkages for alternative crops. Good to see this being highlighted.
D
David E
As someone who follows agricultural economics, this is a significant investment. The challenge will be ensuring it translates into sustainable productivity gains and not just consumption support. The emphasis on diversification is spot on for long-term resilience.
M
Meera T
"No state where farmers cry can prosper." So true. Our annadaatas deserve this support and much more. Hope other states take note. The instalment-based release seems practical to ensure the funds are used properly for the crop cycle. 👍

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50