Telangana Govt to Initiate Rythu Bandhu Fund Transfer for Kharif Season on June 26

Telangana Chief Minister K Chandrashekhar Rao has announced that the transfer of Rythu Bandhu funds to farmers for the upcoming kharif season will commence on June 26. The Rythu Bandhu scheme, a farmer investment initiative in Telangana, provides farmers with an incentive of Rs 5000 per acre of land as an investment for their crops.

Upon the decision, Chief Minister KCR directed Finance Minister T Harish Rao and Additional Chief Secretary K Ramakrishna Rao to ensure the timely deposition of funds into the bank accounts of the farmers. This move aims to support the agricultural community and empower them financially.

Additionally, addressing the issuance of patta (land titles) for Podu lands in the state, KCR stated, "Once the land titles were distributed to the Podu land farmers, they would also be considered for the Rythu Bandhu assistance." This inclusion highlights the government's commitment to extending the benefits of the Rythu Bandhu scheme to a wider range of farmers.

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Furthermore, the Chief Minister has instructed the concerned officials to take necessary measures to ensure the disbursal of Rythu Bandhu assistance to farmers who have been issued land titles. This step demonstrates the government's dedication to supporting farmers across various categories and providing them with the necessary financial resources to boost agricultural productivity.

During the Yasangi season of 2022-23, a remarkable 70.54 lakh farmers received Rythu Bandhu assistance in December and January, reflecting the scheme's widespread impact on the agricultural community. As the 11th crop season approaches, it is anticipated that the number of beneficiaries will increase further, extending the reach and benefits of the program to a greater number of farmers.

The Telangana government has made significant investments in the implementation of the Rythu Bandhu scheme, with an expenditure of Rs 65,559.28 crore thus far. For the current year, the state government has allocated a budget of Rs 15,075 crore to continue the implementation of the scheme, emphasizing the government's commitment to supporting farmers and driving agricultural development in the region.

The initiation of fund transfers for the kharif season on June 26 marks a crucial milestone in the government's ongoing efforts to empower farmers and stimulate the growth of the agricultural sector in Telangana. The Rythu Bandhu scheme's impact continues to resonate positively among farmers, providing them with the much-needed financial support to nurture their crops and enhance their livelihoods.

As the scheme progresses, it is expected that the Rythu Bandhu initiative will play a pivotal role in transforming the agricultural landscape of Telangana, fostering a sustainable and prosperous future for its farmers.

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