CM to release final Rs 1,009 crore Rythu Bharosa instalment today: Dy CM Bhatti Vikramarka

Metro India News | Hyderabad

Deputy Chief Minister Bhatti Vikramarka announced that Chief Minister A. Revanth Reddy, along with Cabinet colleagues, on Friday would release the final instalment of Rs 1,009 crore under the Rythu Bharosa Scheme directly into the bank accounts of farmers.

After inspecting the arrangements for the "Rythu Ashirvada Sabha" to be held at Jagannadhapuram–Mathkepalli Cross Road in Chinthakani mandal, Bhatti Vikramarka addressed a media conference at the Lachagudem Rythu Vedika on Thursday. Speaking on the occasion, the Deputy Chief Minister said that under the Rythu Bharosa Scheme, a record Rs 8,759 crore has been released to farmers in just nine days.

"On Friday, during the 'Rythu Ashirvada Sabha', in the presence of Chief Minister Revanth Reddy and Cabinet colleagues, another Rs 1,009 crore will be transferred directly into the bank accounts of farmers. With this, a total of Rs 9,000 crore will have been released completely for this season within just nine days," he announced.

The Deputy Chief Minister stated that the government's main objective is to make agriculture a festival by extending investment support to the farming community, which serves as the backbone of the State's economy. He said that while the previous BRS government spent Rs 72,000 crore over ten years, the Congress government has released Rs 35,839 crore under Rythu Bharosa in just two-and-a-half years.

Bhatti Vikramarka further explained that during the same period, the government has spent a total of Rs 1,67,877 crore for farmers through Rythu Bharosa, farm loan waiver, crop bonus, crop insurance, crop loss compensation, agricultural power subsidy, farm mechanisation, Atmiya Bharosa, Indiramma schemes, irrigation projects and various other welfare programmes.