'Rythu Bandhu' scheme is implemented by the government of Telangana. Examine the following statements about it:

A. The Chief Minister of Telangana state launched the 'Rythu Bandhu' scheme in Huzurabad village of Karimnagar district on June 2, 2018.

B. A grant of 8,000/- per acre per annum @ 4,000/- per crop is being given to all the Telangana farmers.

C. More than 38 lakh farmers in Telangana would be benefitted by the scheme.

D. 12,000 crore budget was allocated for the scheme during 2018-19. 

Choose the correct answer:

Key Points

• The Telangana government launched the 'Rythu Bandhu' scheme to support farmers by providing them with financial aid.
• The scheme offers a grant of ₹8,000 per acre per annum, given as ₹4,000 per crop.
• More than 38 lakh farmers in Telangana are expected to benefit from this scheme.
• A budget of ₹12,000 crore was allocated for the scheme during the financial year 2018-19.

Additional Information

• Rythu Bandhu Scheme:
  • The 'Rythu Bandhu' scheme is a welfare program initiated by the Telangana government to provide financial assistance to farmers for the purpose of crop investment.
  • Each farmer receives ₹8,000 per acre per annum, split into ₹4,000 for each crop (Rabi and Kharif seasons).
  • This scheme aims to relieve farmers from the debt burden and to encourage them to invest in quality inputs for better yields.
  • The scheme was launched by the Chief Minister of Telangana, K. Chandrashekar Rao, on May 10, 2018, in Karimnagar district.
• Agricultural Schemes in India:
  • Various state and central government schemes aim to support farmers, such as Pradhan Mantri Fasal Bima Yojana (PMFBY), Kisan Credit Card (KCC), and Pradhan Mantri Krishi Sinchai Yojana (PMKSY).
  • These schemes focus on crop insurance, providing credit facilities, and enhancing irrigation infrastructure, respectively.
  • Such initiatives are crucial for boosting agricultural productivity and ensuring food security in the country.