HYDERABAD

The Telangana government has almost completed the disbursement of investment support to the landholding farming community under the Rythu Bharosa scheme, as promised before the commencement of the process, Minister for Agriculture Tummala Nageswara Rao said.

An amount of ₹8,284.66 crore has been credited to the bank accounts of 67.01 lakh farmers with landholding up to 15 acres in a matter of just eight days, seven days effectively, and it is the speediest disbursement of the benefit ever since the introduction of the scheme in Kharif 2018-19 season, the Minister stated on Monday. The investment support to farmers with landholding above 15 acres would be completed on Tuesday.

The disbursement was taken up on June 16 and on the first day, farmers with landholding up to 2 acres were credited with ₹2,349.83 crore, followed by farmers with holding up to 3 acres with ₹1,551.89 crore, up to 4 acres with ₹1,313.53 crore, up to 5 acres with ₹1,189.44 crore, up to 7 acres with ₹905.92 crore, up to 9 acres with ₹460.25 crore and up to 15 acres with ₹513.83 crore over the next six days.

The Minister said that Chief Minister A. Revanth Reddy would address the farming community as part of the Rythu Nestham programme on the completion of the disbursement of the benefit for the season and other measures initiated by the government.

The Minister explained that the BRS government had completed the disbursement of Rythu Bandhu (for two seasons) in 128 days in 2018, 132 days in 2019, 169 days in 2020, 69 days in 2021 and 108 days in 2022. As promised the Congress government had also implemented the farm loan waiver scheme by August 15 last year, he stated.