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Key Points

Telangana CM Revanth Reddy launched the Rythu Bharosa scheme, crediting Rs 2,349 crore to 41.25 lakh farmers. The Congress government plans to disburse Rs 9,000 crore in nine days, increasing aid to Rs 12,000 per acre. Reddy criticized the previous BRS government for leaving the state in a financial crisis. The scheme aims to support farmers with direct financial assistance for crop seasons.

Key Points: Revanth Reddy Credits Rs 2,349 Crore to Telangana Farmers Under Rythu Bharosa

  • Rs 9,000 crore to be disbursed in 9 days
  • Rs 12,000 per acre aid replaces BRS’s Rs 10,000
  • Congress claims Rs 1 lakh crore spent on farmers
  • CM slams BRS for financial crisis
2 min read

Telangana begins crediting Rythu Bharosa funds in farmers' accounts

Telangana CM Revanth Reddy releases Rs 2,349 crore to 41.25 lakh farmers under Rythu Bharosa scheme, replacing BRS’s Rythu Bandhu.

"“Governments cannot be formed without the support and blessings of the farmers.” – CM Revanth Reddy"

Hyderabad, June 12

The government of Telangana on Monday credited Rs 2,349 crore into the bank accounts of farmers under Rythu Bharosa, the investment support scheme for the farmers.

Chief Minister A. Revanth Reddy released the funds credited in the accounts of 41.25 lakh farmers.

He announced that Rs 9,000 crore will be credited in the bank accounts of farmers in nine days.

Agriculture Minister Tummala Nageswara Rao said that on the first day, funds were released for farmers having up to two acres of land. The amount was released in respect of 39.16 lakh acres on the first day.

Under the scheme, farmers get annual financial assistance of Rs.12,000 per acre of arable land. The assistance is provided in two instalments for two crop seasons.

Launched in January this year, Rythu Bharosa replased Rythu Bandhu scheme of the previous BRS government under which farmers were getting Rs 10,000 per acre annually.

Participating in Rythu Nestham programme aimed at interaction with farmers at Rajendranagar on the outskirts of Hyderabad, Chief Minister Revanth Reddy said that governments cannot be formed without the support and blessings of the farmers.

He claimed that the Congress government spent Rs one lakh crores for the welfare of farmers in just 18 months. He said he was ready to throw a challenge for a debate on the steps taken by the government for welfare of farmers in every village.

Targeting BRS leaders, he said that the leaders who enjoyed power and positions in the previous government did nothing to the state during its 10-year rule and now they are performing street plays. Telangana fell into a debt trap and was left in a deep financial crisis during their 10-year rule, he said.

Revanth Reddy stated that the state cannot recover from the financial crisis created by the previous government even in the next 100 years. The previous government handed over the state to us with a completely ruined economy., he said.

“The previous government put a Rs 8.20 lakh debt burden on our heads and is now criticizing the government.”

The state plunged into a situation where the government was not in a position to pay fee reimbursement dues and waive the farm loans, the Chief Minister said.

He claimed that his government overcame all odds to set things right and implemented various schemes for the welfare of farmers.

- IANS

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Reader Comments

R
Rajesh K.
This is a great initiative by the Telangana government! Farmers are the backbone of our nation and they deserve all the support. ₹12,000 per acre is a significant improvement over the previous scheme. Hope other states take inspiration from this 👏
S
Sunita M.
While the scheme is good, I'm concerned about the financial burden on the state. The CM says previous govt left huge debt, yet they're spending so much. How sustainable is this? We don't want another Sri Lanka-like situation where freebies bankrupt the state.
V
Vikram P.
My uncle in Warangal received the amount today. His family is very happy! But government should also focus on proper MSP and market access. Money alone won't solve farmers' problems. Need comprehensive agricultural reforms.
P
Priya R.
Why is the CM constantly blaming previous govt? Just focus on your work! Farmers need help, not political speeches. The increase from ₹10,000 to ₹12,000 is good, but implementation matters more than announcements. Hope the money reaches all farmers without corruption.
A
Arjun S.
Good step but government should also invest in agricultural technology and irrigation. Just giving money is temporary solution. Our farmers need modern techniques to compete globally. Israel model would be great for Telangana's dry regions!
K
Kavita N.
As someone from farmer family, I appreciate this support. But request government to also look at rising input costs - seeds, fertilizers, diesel prices are killing us. The ₹12,000 helps but gets eaten up by these expenses. Need price control on farm inputs too! 🙏

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