Telangana’s Rythu Bharosa: Boosting Farmer Welfare

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.

Major Farmer-Friendly Initiatives

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.

Legacy and Continuity

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.

Political Dynamics and Challenges

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.

Summery of the news

Key Point Details
Why in News Telangana to implement Rythu Bharosa Scheme after Sankranti, offering ₹15,000 annual subsidies per farmer. Pending crop loan arrears of ₹7,625 crore for Kharif 2023 cleared. Scheme replaces Rythu Bandhu and promises increased farmer benefits.
Scheme Name Rythu Bharosa Scheme
Revised Subsidy Amount ₹15,000 per farmer annually (earlier ₹10,000 under Rythu Bandhu).
Loan Waiver Details Loans up to ₹2 lakh waived, benefitting 25.35 lakh farmers. Total disbursement: ₹20,616 crore.
State Telangana
Chief Minister A. Revanth Reddy
Capital Hyderabad
Cabinet Sub-Committee Headed by Deputy CM Bhatti Vikramarka, includes T. Nageshwara Rao, D. Sridhar Babu, Ponguleti Srinivasa Reddy.
Relevant Assembly Session Winter Session 2024 for finalizing scheme terms.
Piyush Shukla

Recent Posts

China Opens First Atmospheric Monitoring Station in Antarctica

China has inaugurated its first atmospheric monitoring station in Antarctica, marking a significant expansion of…

3 mins ago

Which District of Uttarakhand is Known the School Capital of India?

Uttarakhand is a state in northern India known for its scenic beauty and rich cultural…

17 mins ago

Indian Navy Day 2024: Honouring the Maritime Guardians of India

Indian Navy Day, observed annually on December 4, celebrates the valor, accomplishments, and unwavering dedication…

34 mins ago

International Day of Banks 2024: Date, History and Significance

The International Day of Banks, celebrated annually on December 4, highlights the crucial role that…

45 mins ago

SheSTEM 2024: Empowering Youth-Led Innovation for Sustainable Future

Atal Innovation Mission (AIM) and the Swedish Embassy, in collaboration with Nordic partners like Innovation…

51 mins ago

Which Country is Known as the Land of Opportunities?

Many countries around the world are known by special titles that reflect their unique qualities,…

2 hours ago