HYDERABAD: In what should come as music to the ears of farmers, the State government has released Rs 6,900 crore to be disbursed for farmers under Rythu Bandhu, an agriculture investment support scheme, for the Kharif season. Principal Secretary Agriculture C Parthasarathi issued orders to this effect on Monday.
From this crop season, the State government is giving Rs 5,000 per acre per farmer, to meet investment costs like the purchase of fertilisers.
The amount released will be sufficient for 1.38 crore acres of agricultural land in the State. The government will deposit the money directly into the accounts of the farmers using the e-Kuber application on the Reserve Bank of India (RBI) website.