Telangana’s Agricultural surge Records 186 percent Growth
Given that more than 60% of Telangana's rural residents work in agriculture and related businesses, the sector is still essential to the development of the State. The agriculture and allied sectors' Gross State Value Added (GSVA), which contributes significantly to the State's economy, rose by 186% from Rs. 76,123 crore in 2014–15 to Rs. 2.17 lakh crore in 2022–23.
The increase in paddy output is one of the most amazing accomplishments. telangana barely produced 68 lakh tonnes of paddy in 2014–15. However, this number exceeded an unprecedented three crore tonnes annually by 2022–2023. From 41.83 lakh acres in 2014–15 to 60.53 lakh acres in 2020–21, or an increase of almost 18.70 lakh acres, or a growth rate of 44.70 percent, cotton farming has also seen significant expansion. By 2020–2021, the cotton yield will have grown from 35.83 lakh bales in 2014–15 to 63.97 lakh bales.
The State government's dedication to assisting its farmers is reflected in a number of measures that have aided in the expansion of the agricultural industry. Rythu Bandhu, a program that aids farmers, has deposited a remarkable Rs. 73,000 crore in their accounts over the course of 11 payments, giving them essential financial help. Additionally, since the establishment of the State, debts totaling Rs. 27,956.23 crore have been forgiven in two installments, benefitting 56.66 lakh farmers.
A healthy agricultural ecology was also greatly influenced by investments made in irrigation projects, electrical infrastructure, and free power for farmers. Multiple irrigation projects have cost an astonishing Rs. 1.59 lakh crore to build, along with Rs. 32,700 crore for electrical infrastructure and an additional Rs. 10,500 crore every year for free power delivery, improving water supplies, and increasing the availability of power for agriculture.
The State government's dedication to assisting its farmers is reflected in a number of measures that have aided in the expansion of the agricultural industry. Rythu Bandhu, a program that aids farmers, has deposited a remarkable Rs. 73,000 crore in their accounts over the course of 11 payments, giving them essential financial help. Additionally, since the establishment of the State, debts totaling Rs. 27,956.23 crore have been forgiven in two installments, benefitting 56.66 lakh farmers.
A healthy agricultural ecology was also greatly influenced by investments made in irrigation projects, electrical infrastructure, and free power for farmers. Multiple irrigation projects have cost an astonishing Rs. 1.59 lakh crore to build, along with Rs. 32,700 crore for electrical infrastructure and an additional Rs. 10,500 crore every year for free power delivery, improving water supplies, and increasing the availability of power for agriculture.
At a cost of Rs. 5,349 crore, Mission Kakatiya resurrected several irrigation tanks, and stabilised 15.05 lakh acres of ayacut with a storage capacity of 8.93 TMCs. Additionally, the State achieved considerable strides in agricultural mechanization, with the availability of harvesters growing from 6,318 to 19,309 and the number of tractors rising from 94,537 in 2014–15 to 3.52 lakh in 2022–23. A total of Rs 963.26 crore has been invested in agricultural mechanization so far, helping 6.66 lakh farmers.
The capacity of the godown was increased by the State government as well, going from 39.01 lakh tonnes in 2014–15 to 73.82 lakh tonnes in 2022–23. In addition to establishing a division dedicated to market research and analysis to assist farmers with crop sowing, the government promoted alternative crops like oil palm to guarantee farmers a profit.