Rythu Bandhu initiative | Telangana
Investment is the most reliable approach to increase agricultural output and revenue for farmers, as well as to break the vicious cycle of rural debt. To ensure that farmers do not fall back into debt, a new scheme named "Agriculture Investment Support Scheme" ("Rythu Bandhu") is intended to be introduced from the 2018-19 Kharif season forward to cover every farmer's initial investment needs. The Telangana government has set aside Rs.12,000 crores in its budget.
Rythu Bandhu Scheme is proposed by the Government of Telangana to provide Investment Support Agriculture and Horticulture crops by way of grant of Rs. 5,000/- per acre per farmer each season for purchase of inputs such as Seeds, Fertilizers, Pesticides, Labor, and other investments in the field operations
This is the first direct farmer investment support scheme in India, Where the investment support money from the government is paid directly to the farmers. The respective bank account numbers of the farmers are collected in the tahsildar revenue office and the investment support is credited in the farmer's Bank account respectively.
Who is eligible for the Rythu Bandhu scheme
- Only the farmers of Telangana state are eligible to get the benefit of the Rythu Bandhu scheme.
- Farmers who own the farm plot will get the benefit.
- Small and margin agriculture labours are eligible for the Rythu Bandhu scheme.
- Farmers working on rental contracts are not eligible for financial support.
- Pattabar registered can apply for this scheme.
Documents required to apply for the scheme
- Aadhar card
- Voter ID card
- Pan card
- Land ownership papers
- Caste certificate
- Address proof
- Bank account detail
Participating Banks
- State Bank of India
- Andhra Bank
- Syndicate Bank
- Corporation Bank
- Indian Overseas Bank
- Canara Bank
- AP Grameena Vikas Bank
- Telangana Grameena Bank
- IDBI Bank
- TSCAB
1 Comments
Lots of important information.
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