Telangana issues guidelines for Agri investment support scheme

The Telangana government today issued guidelines for implementation of its Agriculture Investment Support Scheme from 2018-19 onwards.

"In order to ensure that the farmers do not fall again into the debt trap, a new scheme called 'Agriculture Investment Support Scheme' ('Rythu Bandhu') is proposed to be implemented, according to a government order issued on the guidelines for the scheme.

This is proposed to be implemented from the year 2018-19 onwards, from the beginning of the Kharif(Vanakalam) season itself, to take care of the initial investment needs of every farmer, the order said.

A budget of Rs 12,000 crore has already been provided for the financial year 2018-19 and it includes Service charges payable to Banks and also administrative expenditure for implementing the scheme, it said.

Under the scheme, according to the GO, a grant of Rs 4,000 per acre per farmer each season is provided for purchase of inputs like seeds, fertilizers, pesticides and others.