#Government_Scheme_2018
➡ Rythu Bandhu Scheme: Telangana government launches investment support scheme for farmers
▪ Telangana government has launched Rythu Bandhu (friend of farmers) Scheme, an investment support scheme to support livelihood of farmers.
▪ It is first of its kind investment support scheme for farmers to be launched by any state in India,
➡ Key Facts
▪ Under this scheme, farmers will directly get financial support twice every year to maximise agricultural production and productivity.
▪ They will get investment support of Rs 8,000 per acre every year (Rs. 4000 each for monsoon and Rabi season) as crop investment support.
▪ About 58 lakh farmers who till over 1.42 crore acres of land in the state are expected to be benefitted from the initiative.
▪ The state government has already set aside Rs 12,000 crore in the 2018-19 budget exclusively for this scheme.
#Daily_One_Government_Scheme