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.
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