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Rythu Bandhu Scheme is an investment support scheme for farmers started by which one of the following states?
- a)Uttar Pradesh
- b)Andhra Pradesh
- c)Telangana
- d)Gujarat
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Rythu Bandhu Scheme is an investment support scheme for farmers starte...
The Election Commission recently withdrew the permission given to the Telangana government to disburse the financial aid to farmers under the Rythu Bandhu Scheme.
About Rythu Bandhu Scheme:
- The Rythu Bandhu scheme, also known as the Farmer's Investment Support Scheme (FISS), is a welfare programme for farmers started by the Telangana government in 2018.
- The objective of this scheme is twofold:
- to provide a timely cash grant for the initial investment needs of farmers
- to ensure that farmers do not fall into the debt trap.
- Under the scheme, financial assistance of Rs 5,000 per acre per farmer each season is directly transferred to each farmer's account.
- This financial support was distributed biannually, allocated for both the kharif and rabi harvests.
- The assistance can be used for the purchase of inputs like seeds, fertilizers, pesticides, labour, and other investments in the field operations of Farmer’s choice for the crop season.
- Eligibility:
- The scheme is open to all resident farmers in the state who own land.
- Farmers cultivating the land in the forest, a majority of them from Scheduled Tribe communities and having a Record of Forest Rights (ROFR) document, are also eligible to receive benefits under the scheme.
- It is the country's first direct farmer investment support scheme where cash is paid directly to the beneficiary.
Hence option c is the correct answer.
Most Upvoted Answer
Rythu Bandhu Scheme is an investment support scheme for farmers starte...
Rythu Bandhu Scheme - Andhra Pradesh
The Rythu Bandhu Scheme is an investment support initiative for farmers launched by the state of Andhra Pradesh. Here is a detailed explanation of the scheme:
Objective:
- The main aim of the Rythu Bandhu Scheme is to provide financial assistance to farmers to support their agricultural activities and ensure their economic stability.
Implementation:
- Under this scheme, eligible farmers receive financial assistance in the form of investment support twice a year, before the Kharif and Rabi seasons.
- The financial assistance is directly credited to the bank accounts of the farmers through a transparent process.
Beneficiaries:
- Small and marginal farmers are the primary beneficiaries of the Rythu Bandhu Scheme.
- The scheme covers various categories of farmers, including tenant farmers and those engaged in horticulture.
Benefits:
- The scheme helps farmers meet their agricultural expenses such as purchasing seeds, fertilizers, pesticides, and other inputs.
- It reduces the dependency of farmers on moneylenders and provides them with financial security.
Success:
- The Rythu Bandhu Scheme has been successful in improving the economic condition of farmers in Andhra Pradesh and has received appreciation for its effective implementation.
In conclusion, the Rythu Bandhu Scheme in Andhra Pradesh has been instrumental in supporting farmers and enhancing agricultural productivity in the state.
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Rythu Bandhu Scheme is an investment support scheme for farmers started by which one of the following states?a)Uttar Pradeshb)Andhra Pradeshc)Telanganad)GujaratCorrect answer is option 'C'. Can you explain this answer?
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