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India Today
4 days ago
- Business
- India Today
Telangana to release Rs 9,000 crore for farmers' scheme despite financial crisis
The Telangana government is preparing to release Rs 9,000 crore under its Rythu Bharosa scheme within the next nine days, Chief Minister A Revanth Reddy announced. Speaking at the Rythu Nestham programme held at Professor Jayashankar Telangana State Agricultural University on Monday, the Chief Minister reaffirmed his government's commitment to farmer welfare despite the state's ongoing financial crisis.'The government is ready to release Rs 9,000 crore Rythu Bharosa scheme benefit in the farmers' accounts in nine days. The state will flourish only when the farmer is happy,' the Chief Minister said, indicating that preparations were underway to ensure the funds reach beneficiaries without move comes at a time when Telangana is grappling with serious fiscal challenges, which, according to the Chief Minister, stem from the mismanagement of the previous administration. 'The state cannot recover from the financial crisis created by the previous government even in the next 100 years,' he said, accusing the former regime of leaving behind an Rs 8.2 lakh crore debt burden. Revanth Reddy underscored the importance of agriculture to both the economy and governance. 'Governments cannot be formed without the support and blessings of the farmers. The role of farmers is crucial to win as MLA, MP and also become Chief Minister of a state,' he inherited financial distress, the Chief Minister said his administration had already spent Rs 1 lakh crore on farmer welfare over the past 18 months. He framed this spending not as a burden, but as a necessary corrective measure. 'Against all odds, we are moving forward by taking corrective measures one by one,' he Rythu Bharosa scheme is central to these efforts. Designed to offer financial relief to both land-owning and landless farmers, the scheme provides Rs 12,000 per acre annually, split into two payments of Rs 6,000 per acre per crop season. It replaces the earlier Rythu Bandhu scheme with an expanded scope — including tenant farmers and agricultural labourers — and excludes land used for industrial or real estate program aims to reduce farmers' dependency on private moneylenders, enabling them to invest in better seeds, fertilizers, and sustainable practices. By extending support to vulnerable sections and focusing on cultivated lands, the government aims to boost rural incomes, ensure food security, and correct the shortcomings of past welfare Reddy also highlighted agricultural successes under his administration. 'Telangana has become the number one state in paddy production in the country. Today, I am seeing happiness in the eyes of every farmer. What more do I want as the Chief Minister of Telangana?' he attributed this turnaround to the government's active encouragement of fine variety paddy cultivation, backed by a 500 bonus and procurement assurance. 'The People's Government instilled confidence among the farmers by purchasing every single grain,' he Chief Minister concluded by asserting the government's long-term commitment to farmer welfare. 'My government will remain for 10 years and we are undeterred by the dharnas held by the opposition parties,' he said, while urging farmers to adopt new agricultural techniques with state Reel


India Gazette
4 days ago
- Politics
- India Gazette
Telangana CM Revanth Reddy highlights difficulties faced by government towards implementing beneficiary schemes, says
Rajendranagar (Telangana) [India], June 17 (ANI): Telangana Chief Minister Revanth Reddy highlighted the difficulties faced by the state government in implementing beneficiary schemes. Revanth Reddy addressed a gathering on Monday at the Rythu Nestham event at the PJT Agricultural University in Rajendranagar. CM Reddy mentioned that it has become difficult for the state government to give retirement benefits to the retired government employees. He informed that the state government is facing difficulties in giving fee reimbursements to college students and implementing the Shaadi Mubarak and Kalyana Laxmi schemes. 'The difficulties we are facing today - it has become difficult to give retirement benefits to retired employees. It has become difficult to give fee reimbursement to college students, it has become difficult to implement Shaadi Mubarak and Kalyana Laxmi schemes', Revanth Reddy said while addressing a gathering. CM Reddy asserted that the government is working towards rectifying the difficulties that it faces. Reddy said he came to the event to give Rs 9000 crore to 70,11,984 farmers for 1.49 lakh acres to prove that farming is a festival and not a waste under the Rythu Bharosa scheme. 'For farmers, I came here to give Rs 9,000 crores in 9 days to 70,11,984 farmers for 1.49 lakh acres to prove that farming is a festival and not a waste under Rythu Bharosa scheme', he said. On June 7, Revanth Reddy stated that his goal is to fulfil the dreams and aspirations of the people of Telangana and make the state a 'One Trillion US dollar' economy. CM Reddy was speaking at an event on Friday, where he laid the foundation stones for development works worth Rs 1051.45 crores in Alair Assembly Constituency. The Chief Minister maintained that everyone is equal before the law. Big leaders have appeared in the courts and deposed before the commissions. He came down heavily on BRS leaders for criticising the government for giving the leader a single notice. He demanded KCR answer the questions raised by his daughter. (ANI)


New Indian Express
4 days ago
- Business
- New Indian Express
Telangana govt to disburse Rs 9,000 crore to 70,11,984 farmers in 9 days under Rythu Bharosa
HYDERABAD: Chief Minister A Revanth Reddy on Monday announced that his government will disburse Rs 9,000 crore to farmers under the Rythu Bharosa Scheme over the next nine days. A total of 70,11,984 farmers will receive the assistance, covering 1.49 crore acres across the state. 'The aim is to ensure the well-being of farmers,' Revanth stated, adding that his regime has spent Rs 1,01,782 crore on farmer welfare over the past 18 months, including expenditure on paddy procurement. The chief minister was taking part in 'Rythu Nestham', a video conference initiative enabling farmers to interact with agricultural experts and scientists at the Agriculture University. He also held an interaction with farmers through video link. Deputy Chief Minister Mallu Bhatti Vikramarka, Agriculture Minister Thummala Nageswara Rao and officials were present. During the video conference, the chief minister accused the previous BRS government of failing to fulfil promises made to farmers. He claimed that the BRS government did not fully implement its loan waiver commitment. Of the total Rs 11,500 crore released for waiving farm loans, Rs 8,500 crore went towards interest payments, leaving only Rs 3,000 crore as direct benefit to farmers, Revanth alleged. He alleged that during its 10 years in power, the BRS regime spent only Rs 16,000–Rs 17,000 crore on farmer welfare. Revanth alleged that former chief minister K Chandrasekhar Rao had asked farmers not to cultivate paddy while cultivating paddy himself on his 150 acres. 'In contrast, the people's government is encouraging paddy cultivation and procurement of every grain produced,' he added. The chief minister stated that his government was providing a bonus of Rs 500 for superfine paddy, enabling poor families to access quality rice. Telangana, he said, had become the leading state in paddy production with 2.8 crore metric tonnes.


New Indian Express
4 days ago
- Politics
- New Indian Express
Congress government committed to farmer welfare: Telangana Dy CM Bhatti
HYDERABAD: Deputy Chief Minister Mallu Bhatti Vikramarka reiterated the Congress government's commitment to farmers' welfare despite criticism from BRS leaders. Speaking at the Rythu Nestham programme, Vikramarka said the government had faced several challenges but had remained steadfast in assisting farmers. 'We have faced all sorts of challenges and have stood by farmers,' he said. Vikramarka alleged that BRS leaders were attempting to malign the government. 'While this government is providing help and cooperation to the people, BRS leaders are burning with jealousy. Even BRS leaders themselves have admitted their party is filled with evil spirits. Today, these spirits are making a spectacle. Chase them away, don't allow them into your villages,' he said. He outlined the government's vision for the agricultural sector, expressing hope that farmers would prosper and that crops would flourish. He assured that new welfare schemes would be introduced in the coming months. Vikramarka stressed that the Congress government had not discontinued any welfare scheme introduced by the previous regime and was implementing additional programmes aimed at supporting farmers. He pointed out that within three to four months of taking office, the government had deposited Rs 21,000 crore under the farmer loan waiver scheme, an initiative unmatched by any other state.


Hans India
4 days ago
- Business
- Hans India
Rs 95.53 cr Rythu Bharosa funds credited to Wanaparthy farmers
Wanaparthy: District collector Adarsh Surabhi reported that as of Monday, Rythu Bharosa funds worth Rs 95.53 crore have been deposited in the accounts of 1,34,537 farmers in the district, who own less than two acres. He assured that the remaining eligible farmers will receive their funds gradually over the next nine days. On Monday, he along with local MLA Thudi Megha Reddy, agricultural officers, and farmers gathered at the Nagavaram Rythu Vedika to watch the 'Rythu Nestham' programme via video conference. This programme, initiated by CM Revanth Reddy, in collaboration with his Cabinet colleagues, was organised from Professor Jayashankar Agricultural University in Hyderabad and connected with farmers from all districts across the State. Participating in the event, the MLA urged farmers in the district to shift their focus from mono-cropping to crop diversification. He suggested cultivating essential crops like vegetables, pulses and oil palm, which have high daily demand, to ensure profitable farming.