The Telangana government, led by Chief Minister A. Revanth Reddy, is set to roll out the Rythu Bharosa Scheme after Sankranti, aiming to provide annual subsidies of ₹15,000 per farmer as part of Congress’ six guarantees. Agriculture Minister T. Nageshwara Rao emphasized that implementation will follow the Cabinet Sub-Committee’s report. The scheme replaces the previous Rythu Bandhu and seeks to bolster farmers’ welfare amid criticism over its discontinuation. The government has cleared ₹7,625 crore in crop loan arrears for Kharif 2023, affirming its commitment to farmers’ welfare.
Rythu Bharosa Scheme: Offers ₹15,000 annual subsidy to farmers, increasing the benefits from the earlier ₹10,000 under Rythu Bandhu.
Crop Loan Waiver: Waived loans up to ₹2 lakh, benefitting 25.35 lakh farmers with a total disbursement of ₹20,616 crore, a historic first in India.
Subsidies and Incentives: Continued subsidies for palm oil, drip irrigation, and fodder seeds, supported by an allocation of ₹8,000 crore.
The Congress government claims to sustain and improve upon programs initiated by the BRS government, ensuring schemes like the paddy bonus and promoting Telangana Sona varieties for local consumption. Meanwhile, the government highlights mismanagement by the previous BRS administration, alleging debt misallocation and overestimated crop loan data.
The Congress has faced opposition criticism for halting Rythu Bandhu and reallocating resources. Chief Minister Revanth defended these moves, asserting Congress’ commitment to fulfilling “Soniamma’s guarantees.” The government plans to table Rythu Bharosa terms in the winter assembly session and address excluded farmers’ concerns.
The Indian Space Research Organization (ISRO) has announced that its LVM3-M6 mission will be launched…
Rivers and freshwater areas are home to many powerful and unique animals. Some of them…
An important reform aimed at strengthening India’s banking system the Central Board of Directors of…
The Postgraduate Institute of Medical Education and Research (PGIMER) Chandigarh, has once again emerged as…
Light is all around us, and it is made up of many different colours. Each…
To strengthening rural banking in India the Ministry of Finance has unveiled a new common…