For the 11th iteration of the Rythu Bandhu plan, which would assist about 70 lakh farmers for the Vanakalam season of 2023–2024, the State government granted Rs 7,720.29 crore on Sunday. Beginning on Monday, the farmers' bank accounts will receive the money.

The Rythu Bandhu plan would have given farmers' accounts a total of Rs 72,910 crore after the 11th installment. This year, there will be an additional 5 lakh beneficiaries of the program, including 1.5 lakh Podu farmers who own 4 lakh acres of Podu land. The program's goal is to help farmers and boost agricultural output. Compared to prior payments, this will entail an additional burden to the government of almost Rs. 300 crores.


To ensure a smooth payment procedure, Agriculture minister S. Niranjan reddy recommended the Rythu Bandhu scheme's initial recipients to get in touch with local agriculture authorities with their bank account information. The established method of allocating cash acre for acre ensures that farmers receive aid in accordance with the amount of land they own.

As the only State in the nation to offer twice-yearly aid of Rs. 10,000 per acre, telangana stands apart. Various programmes, such Rythu Bima, uninterrupted quality and cost-free power, and uninterrupted water supplies for irrigation, serve as examples of this dedication to assisting farmers. According to him, these initiatives demonstrate chief minister K Chandrashekhar Rao's steadfast commitment to the welfare of farmers and the development of the agricultural sector.

"More cultivation and a striking rise in rice output have been caused by the completion of unfinished projects and the availability of irrigation water as a consequence of the building of the kaleshwaram project. The success of the State's agricultural policies is seen by the adjacent States turning to telangana for rice supply, the minister said, adding that despite difficulties, chief minister Chandrashekhar Rao was consistent in his commitment to farmers' welfare.




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