Chief Minister A. Revanth Reddy has directed the officials of the Finance and Agriculture departments to start crediting the assured amounts under the Rythu Bandhu scheme into the farmers’ accounts from Monday.
The Chief Minister who reviewed the functioning of the Agriculture department with senior officials on Monday discussed about the implementation of Rythu Bandhu, farmers’ investment support scheme, with senior officials. He ordered the officials concerned to start depositing the assistance into the accounts of farmers with immediate effect.
Interestingly, the Congress which came to power on the basis of six guarantees including ₹15,000 an acre investment support to farmers did not take any decision on extension of the assistance from ₹10,000 an acre to ₹15,000. The assurance would entail an additional burden of over ₹7,000 crore on the State exchequer at a time when the scope for raising additional resources appears to be remote.
