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Telangana's scheme for investment aid to farmers from monsoon

Press Trust of India  |  Hyderabad 

The would implement its proposed scheme to provide investment assistance to farmers from the ensuing rainy season, Agriculture Pocharam Srinivasa said today.

Reddy, who chaired a meeting of the cabinet sub- committee on the issue here, said a financial assistance of Rs 4,000 per acre would be provided to all the farmers in the state, according to an official release.

The committee deliberated on the mode of payment of the proposed financial assistance. The has obtained views of 62,377 farmers and a majority of them favoured paying the money through cheques, the said.

The farmers' views would be conveyed to Chief in a report, he said.

The government's objective is to see that farmers do not become indebted by taking loans for making investment in farming, added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 10 2018. 19:31 IST
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