Telangana government launches Rythu Bandhu scheme for farmers

The Telangana government has launched Rythu Bandhu (friend of farmers) scheme at Dharmarajupalle-Indiranagar village in Karimnagar district on May 10, 2018. The scheme is a first-of-its-kind initiative providing investment support to farmers, who own land. It is expected to provide the much needed breather to the marginal and small farmers who constitute a major chunk of land owners in the State. Under the scheme, each eligible farmer will get at least Rs 4,000 per acre for two crops in a year — kharif in May and rabi in October. The farmers can utilize the assistance either for purchase of seeds, fertilizers, pesticides or any other input requirement as per their requirement. The scheme will cover both agriculture and horticulture crops and benefits all farmers irrespective of the size of their land holdings.

Month: Current Affairs - December, 2020