Telangana's Rythu Bharosa Scheme: Key Details and Updates
| Key Point | Details |
|---|---|
| Why in News | Telangana to implement Rythu Bharosa Scheme after Sankranti, offering ₹15,000 annual subsidies per farmer. ₹7,625 crore in crop loan arrears for Kharif 2023 cleared. Replaces Rythu Bandhu with increased benefits. |
| Scheme Name | Rythu Bharosa Scheme |
| Revised Subsidy Amount | ₹15,000 per farmer annually (earlier ₹10,000 under Rythu Bandhu). |
| Loan Waiver Details | Loans up to ₹2 lakh waived, benefitting 25.35 lakh farmers. Total disbursement: ₹20,616 crore. |
| State | Telangana |
| Chief Minister | A. Revanth Reddy |
| Capital | Hyderabad |
| Cabinet Sub-Committee | Headed by Deputy CM Bhatti Vikramarka, includes T. Nageshwara Rao, D. Sridhar Babu, Ponguleti Srinivasa Reddy. |
| Relevant Assembly Session | Winter Session 2024 for finalizing scheme terms. |
| Major Subsidies and Incentives | Subsidy for palm oil, drip irrigation, and fodder seeds. Allocation: ₹8,000 crore. |