Crediting of investment support under the flagship Rythu Bandhu scheme gathered momentum on the second day on Wednesday, with ₹1,234.10 crore released into the accounts of 16.32 lakh farmers covering an extent of 24.68 lakh acres.
The government has credited ₹586.65 crore into the accounts of 19.98 lakh farmers covering 11.73 lakh acres on Tuesday. This would take the total amount credited in the first two days to ₹1,820.75 crore benefitting 36.3 lakh farmers owning 36.41 lakh acres across the State.
Agriculture Minister S. Niranjan Reddy said that the government has provided an investment support of ₹50,448 crore in eight phases since the launch of Rythu Bandhu and may provide another ₹7,508 crore during the current round helping 68.1 lakh farmers covering 1.50 crore acres of land. He expressed concern over the false propaganda launched against Rythu Bandhu and said that the government was committed to fulfil its promise on the scheme.
