CM KCR launches Rythu Bandhu scheme

Telangana chief minister K Chandrasekhar Rao on Thursday launched the muchtouted Rythu Bandhu scheme in Indiranagar village at Huzurabad mandal in Karimnagar district by giving away a cheque of Rs.4,000 per acre towards investment subsidy and pattadar passbook to Muvvala Sanjeeva Reddy, the first farmer to receive the sop.

Soon after kicking off the scheme, the CM claimed his



Rythu Bandhu is a first-of-itskind programme in the entire country, which is aimed at providing financial support to 58 lakh farmers to purchase seeds and fertilizers. But, it is also set to drain the state exchequer of Rs.12,000 crore every year. Over the next one week, cheques of 5,800 crore will be distributed to farmers in 10,800 villages.