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Around 58 lakh farmers in Telangana will receive ‘Rythu Bandhu’ cheques of ₹4,000 each for every acre they own. During the week-long cheque distribution programme that begins on May 10, farmers will get the money required to buy inputs for the upcoming kharif season.
A similar amount will be given ahead of the rabi season. The State government has allocated ₹12,000 crore for the financial assistance scheme that is aimed at giving an annual support of ₹8,000 to take care of the input needs for 1.50 crore acres.
The State government’s decision to exclude tenant farmers from the scheme had attracted the wrath of farmers’ unions. A third of the farmers in the State do tenant cultivation.
The government has tied up with a few banks so that the farmers are able to encash the cheques without hassle. A State-level corporation has been set up to identify the beneficiaries and supervise the distribution of cheques.
“We will distribute the cheques for the rabi season from November 18. We have allocated ₹12,000 crore in the Budget for 2018-19,” an official of the Agriculture Ministry said.
“We will distribute the cheques along with the passbooks from May,” he added.
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