Don’t withhold Rythu Bandhu funds - Telangana Govt to banks
On Monday, the telangana government urged banks to keep providing farmers with Rythu Bandhu's agriculture investment support. All banks received a communication to this effect via the State Level Bankers Committee (SLBC). Additionally, it instructed banks to continue considering approving and renewing crop loans. It was made known by the administration that the loan waiver sums were being credited to farmers' accounts gradually. 5,42,635 farmers have had loans of Rs 1,207.37 crore credited to their accounts so far.
For 2023–2024, a financial allocation of Rs 6,385 crore has already been earmarked to implement the loan waiver. In due order, the funds would be sent to the qualifying farmers' loan accounts. According to T Harish Rao, the finance minister, tribals who received Podu land pattas can take advantage of 10 perks.
For 2023–2024, a financial allocation of Rs 6,385 crore has already been earmarked to implement the loan waiver. In due order, the funds would be sent to the qualifying farmers' loan accounts. According to T Harish Rao, the finance minister, tribals who received Podu land pattas can take advantage of 10 perks.
Speaking to the tribal farmers on saturday before delivering Podu land pattas to them, the minister stated that in addition to ownership rights, the farmers will also be eligible for Rythu Bandhu and Rythu Bheema, 24 hour free power, subsidised agricultural equipment, crop loss compensation, and crop loans. He added that because the government regarded the lands as hereditary property, they would likewise be transferrable to their kin.