Forty per cent of the amount will be distributed with immediate effect.
"Large number of crops have been destroyed in the drought during the Kharif 2014. Villages whose paisewari (value of crops) is below 50 paise, will be given an input subsidy by the state according to the request received by the District Collectors," a Government Resolution (GR) issued recently stated.
"Rs 2,000 crore have been sanctioned for the affected farmers, out of which 40 per cent will be disbursed immediately, and the rest will be given once the initial amount is spent," it said.
"The financial aid will be given to farmers only in their bank accounts. No cash will be given. If farmers do not have bank accounts, a zero balance account will be opened under the Jan Dhan Yojana and money will be deposited in that," the GR said.
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However, the Congress hit out at the state government saying that farmers from the 'suicide belt' of Maharashtra will not get the real help.
The government is also yet to waive crop loan interest for the 2014 kharif season, he said.