HYDERABAD: The state government has released a total of Rs 530 crore Rythu Bharosa funds to farmers who own up to one acre of cultivable land. Agriculture Minister Thummala Nageswara Rao said that the funds have been deposited in the bank accounts of 17.03 lakh farmers.
It may be recalled that the government launched the scheme on January 26, replacing Rythu Bandhu with an initial release of Rs 569 crore. Nageswara Rao said that so far, Rs 1,126.54 crore has been disbursed under the scheme.
The government is providing Rs 6,000 per acre per season for cultivable land as crop assistance under Rythu Bharosa. Emphasising that the Congress regime was committed to the welfare of farmers, Nageswara Rao said that so far, the government has spent Rs 20,616.89 crore for waiving crop loans and Rs 3,000 crore for the Rythu Bima scheme.
“The government has procured 10,11,954 metric tonnes of cotton with Rs 14,893 crore. We procured 52.51 LMT of paddy at Rs 12,178.97 crore in the Kharif season and Rs 48.06 LMT at a cost of Rs 10,547 crore in the Rabi season. For superfine variety of paddy, the government is giving Rs 500 per quintal bonus. So far, the government has spent Rs 1,154 crore in providing this bonus,” the minister said.
He stated that the government was taking steps to ensure the availability of seeds and fertilisers for farmers.
The minister said that the state government was regularly pursuing its demand with the Centre to announce MSP for chilli and turmeric.
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