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LATEST NEWS UPDATES | Telangana releases Rs. 5,925 crore farm aid for rabi season

Telangana releases Rs. 5,925 crore farm aid for rabi season

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published Published on Jul 30, 2018   modified Modified on Jul 30, 2018
-The Hindu Business Line

Hyderabad: The Telangana government has released ?5,925 crore for the second phase of the Rythu Bandhu scheme for the rabi season.

This is part of the ?11,925-crore allocated in the 2018-19 Budget for the scheme that seeks to provide financial assistance of ?4,000 each to farmers for every acre they own.

The scheme is aimed at providing liquidity to farmers to take care of the purchase of inputs ahead of the agricultural season.

Disbursals for the kharif season were completed last month.

The second phase of disbursals, aimed at providing financial assistance for the rabi season, is expected to kick off next month.

The State government issued an order on Saturday sanctioning ?5,925 crore to the Department of Agriculture. This will complete utilisation of budgetary allocations for the scheme.

Please click here to read more.

The Hindu Business Line, 29 July, 2018, https://www.thehindubusinessline.com/news/telangana-releases-5925-crore-farm-aid-for-rabi-season/article24547153.ece?homepage=true


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