Investment is the surest way to enhance agriculture productivity and also income to the farmers, besides breaking the vicious cycle of rural indebtedness. In order to ensure that the farmers do not fall again in to the debt trap, a new scheme called “Agriculture Investment Support Scheme” (“Rythu Bandhu”) is proposed to be implemented from the year 2018-19 Kharif season onwards to take care of initial investment needs of every farmer. A budget of Rs.12,000 Crores has been provided for the financial year 2018-19 by Government of Telangana.
Relieving the Farmers from debt burden and not allowing them to fall in the debt trap again, Rythu Bandhu Scheme is proposed by Government of Telangana for providing Investment Support Agriculture and Horticulture crops by way of grant of Rs. 5,000/- per acre per farmer each season for purchase of inputs like Seeds, Fertilizers, Pesticides, Labour and other investments in the field operations of Farmer’s choice for the crop season.
Telangana leads the way in farmer empowerment with its Rythu Bandhu scheme. It is the first ever farmer investment support scheme in India .
Rythu Bandhu scheme, Telangana
Farmers Investment Support Scheme (FISS)
Key features of the scheme:
Rs 10000 per acre grant to all Telangana farmers every year (Rs 5000 per crop season).
Rs 12000 crores budget allocated for the scheme (financial year 2018-19).
58 lakh farmers in the state to benefit.
The scheme was announced by the Chief Minister of Telangana, K. Chandrashekhar Rao at Farmers Coordiantion Committee(Rythu Samanvaya Samithi) conference at Jayashankar Agriculture University on 25 February 2018.An allocation of ₹12,000 crores was made in 2018-19 state budget.
The scheme offers a financial help of ₹10,000 per year to each farmer (two crops). There is no cap on the number of acres, and most of the farmers are small and marginal. The total farming land is 1.43 crore acres and the number of farmers in the state stood at 58.33 lakh. Around 55% of population in Telangana make a living from agriculture.
New Pattadar Passbook :
Along with the cheque, the government is also giving the new Pattadar Passport, the title deed after an exercise to purify the land records was done by the government. The new passbook is highly secure with 17 tamper-proof security features, and a land bank website, Dharani, to have all land holdings in the state.
A special dashboard software is being developed by the NIC to monitor the scheme remotely. The sample for the research is selected through random sampling.
The Rythu Bandhu scheme is a farmer investment scheme recently launched in Telangana wherein the government gives farmers an incentive of Rs 5,000 for each acre of land as investment for the crop.
How To Apply
Use above link for details