Farmer’s Insurance Scheme Commences: ₹569 Crores Deposited in Farmers’ Accounts

Hyderabad, January 27:
The state government has officially launched the Rythu Bharosa scheme, disbursing ₹569 crores in insurance benefits to 4,41,911 farmers across 577 villages in 563 mandals, spanning 32 districts of the state. These funds, amounting to ₹6,000 per acre, were deposited directly into farmers’ accounts on the first day of the program.

The assistance covers a total of 9.48 lakh acres of farmland. As banks were closed on January 26, the funds were credited from the morning of January 27, ensuring immediate support to the farming community.
Village-Based Implementation

Unlike the earlier Rythu Bandhu scheme, which operated on an acre-by-acre basis, Rythu Bharosa funds are being released on a village-by-village basis. Under this system, all eligible farmers in a selected village receive assistance simultaneously.

The state government has prioritized the effective implementation of the program by selecting one village per mandal for fund release each day, with the Agriculture and Finance Departments coordinating the process.
Increased Financial Assistance

Minister Tummala Nageswara Rao stated, “We are committed to supporting every eligible farmer in the state. As part of fulfilling our election promises, crop investment assistance has been increased from ₹10,000 to ₹12,000 per acre annually, with ₹6,000 provided in the first installment under the Rythu Bharosa scheme.”
District-Wise Fund Distribution

The following are details of funds disbursed under the scheme on the first day:

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