Hyderabad, Apr 4 (PTI) 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.PTI SJR
This is published unedited from the PTI feed.