Telangana govt good news .. Rs 7,600 crore deposited in farmers’ accounts, from tomorrow

The Telangana government has given good news to the food donors. The authorities are making arrangements to this effect in the wake of the earlier announcement by CM KCR that ‘Raitu Bandhu’ funds will be deposited in farmers’ accounts from the 28th of this month. The Agriculture and Finance Ministries, which have exercised due diligence, have initially estimated that a total of Rs 7,600 crore will have to be disbursed during the current Yasangi season.

During the monsoon season from June to September, Rs 7,508.78 crore was deposited in farmers’ accounts for a total of 63.25 lakh acres of arable land. The Department of Agriculture has directed the AEOs to register the names of farmers registered in the revenue records with the sale of land from last June to the 10th of this month by the 31st of this month. Farmers who have bought new lands are required to submit Aadhaar, Graduate Passbook and Revenue Account details and the details are entered in the Raitubandhu Portal by AEO. It is estimated that 20,000 new lands have been purchased across the state from last June to the 10th of this month. The farmer bond money will be credited to their bank account only if AEO registers their details.

The money will be deposited in the bank accounts of farmers who have an acre of land before the 28th of this month. 2 to 3 acres on the second day and 2 to 3 acres on the third day. How many farmers are growing per acre, details of their bank accounts, graduate passbooks, revenue accounts are currently being checked online. After depositing the money, the farmer will receive a message from the Department of Agriculture on his mobile, after which the money can be withdrawn, officials said.