Good News for Farmers: Rythu Bharosa Third Installment to Be Credited Soon

The Telangana government has given clarity on the Rythu Bharosa scheme, confirming that the third installment will be released to farmers’ bank accounts by the end of May, after already depositing the first two installments. Under the scheme, ₹12,000 per acre is being provided annually, and the process is currently ongoing.

Telangana Rythu Bharosa Scheme Installment Details

Under the Rythu Bharosa scheme, the government is providing financial assistance to farmers:

• ₹12,000 per acre per year
• Earlier given in two installments
• This year being distributed in three installments

Funds Released So Far

• First installment: ₹3,446 crore
  • Beneficiaries: 68.89 lakh farmers
• Second installment: ₹2,206 crore
  • Beneficiaries: 45.11 lakh farmers

These amounts have already been deposited into farmers’ accounts.

Third Installment by End of May

The Revanth Reddy government has announced that:

• The third installment will be credited next month
• Funds will be released by the end of May
• The government is currently raising funds for this purpose

Chief Minister A Revanth Reddy has already announced this plan.

Fund Raising Plan and Financial Details

To support the scheme and other commitments, the Telangana government:

• Sent a proposal to the Reserve Bank of India to auction bonds worth ₹12,000 crore
• The repayment period is planned over 6 to 25 years
• Interest rate expected: 7% to 7.5%

Additional Financial Requirements

• ₹15,000 crore required for Hyderabad Metro acquisition
• Funds will also be raised through Hyderabad Metropolitan Development Authority (HMDA)
• In the next two months, the government plans to raise ₹12,000 crore for:
  • Rythu Bharosa
  • Metro acquisition
  • Retired employees’ arrears

KYC and Farmer Registration Mandatory

The government has made it clear that:

• Bank KYC must be completed every year
• Only active accounts will receive funds via Direct Benefit Transfer (DBT)
• Farmer registration is mandatory
• The Farmer Registry has been made compulsory by both Central and State governments

Yasangi Season Payments

• Payments are currently being made for the Yasangi season
• ₹6,000 per acre was given in the first installment
• Additional land amounts were covered in the second installment
• In the third installment, full eligible land coverage will be completed

The Telangana Rythu Bharosa scheme continues to support farmers with ₹12,000 per acre annually, with ₹3,446 crore and ₹2,206 crore already released in the first two installments. The third installment will be deposited by the end of May, as announced by CM A Revanth Reddy, with funds being arranged through bond auctions and other sources. The process remains ongoing, with KYC and farmer registration mandatory for receiving benefits.

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