Telangana is changing its farmer support program. The new program, called Rythu Bharosa ("Farmer's Trust"), will give farmers more money per acre than the old program, Rythu Bandhu.
Here's a simple breakdown:
What is Rythu Bharosa? It's a government program that gives money directly to farmers to help them with the costs of farming. It's replacing the older Rythu Bandhu scheme.
How much money? Farmers will get ₹7,500 per acre for each crop season. This is more than the ₹5,000 per acre they got under Rythu Bandhu.
Who gets the money? The program is meant for all farmers who actually farm the land. The government wants to make sure the money goes to real farmers and not people who aren't actually farming. Around 70 lakh farmers are expected to benefit.
How will it work?
Local village meetings (gram sabhas) will be held from January 5-7 to collect applications from farmers.
The program is expected to start around the Sankranti festival (in January).
How much will it cost? Even though the government thinks fewer people will get the money, because they are giving out more money per acre, the overall cost of the program will be about the same as the old one.
Where is the money coming from? The government plans to borrow ₹30,000 crore (300 billion rupees) from the market. They'll do this in three parts, borrowing ₹10,000 crore each month. The Reserve Bank of India will handle these borrowings.
Borrowing Limits: The central government has put limits on how much states can borrow. Telangana wanted to borrow more, but they had to reduce the amount. They still need approval from the central government to borrow the full amount they want.
In simple terms: Telangana is giving more money to farmers through a new program called Rythu Bharosa. Farmers will get ₹7,500 per acre per season. The government is working to make sure the money goes to real farmers and is borrowing money to pay for the program.