Why in the News?
The Telangana government has started distributing funds under the Rythu Bharosa Scheme, also known as the Farmer’s Investment Support Scheme (FISS).
About the Rythu Bharosa Scheme:
- The Rythu Bharosa Scheme, also known as the Farmer’s Investment Support Scheme (FISS), was launched by the Telangana government in 2018 to provide direct financial assistance to farmers.
- It is the first direct investment support scheme in India, where cash is transferred directly to farmers before each crop season to help them with agricultural expenses.
- Objective: To reduce financial burden, improve agricultural productivity, and prevent farmers from falling into debt traps due to high input costs.
- Provisions:
- Under the scheme, every farmer receives ₹5,000 per acre per crop season, ensuring ₹10,000 per acre annually for two crop seasons.
- The financial assistance is provided before the sowing season, allowing farmers to plan their investments efficiently.
- There is no limit on the size of landholdings, meaning both small and large farmers can benefit.
- Criteria:
- The scheme is available only to resident farmers of Telangana who own agricultural land in the state.
- Scheduled Tribe (ST) farmers cultivating land with Record of Forest Rights (ROFR) documents are eligible for assistance.
- Tenant farmers, commercial farmers, and those farming under contractual agreements are not eligible to receive benefits under this scheme.
- The funds are disbursed through bank bearer cheques under the supervision of Agriculture Extension Officers to ensure transparent distribution.
PYQ:[2020] Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?
Select the correct answer using the code given below: (a) 1, 2 and 5 only |
