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Reference News:-
The total funds disbursed under Rythu Bandhu, Telangana government’s direct benefit transfer scheme for farmers, will soon touch Rs 50,000 crore in the coming days.
What is the Rythu Bandhu?
Rythu Bandhu scheme or Farmer’s Investment Support Scheme (FISS) is a welfare program to support farmer’s investment for two crops a year by the Government of Telangana.
The scheme is meant to incentivise the state’s farmers for their day to day work.
Objective:
The purpose behind the scheme was to break the vicious cycle of rural indebtedness.
Who qualifies under the Rythu Bandhu scheme?
To apply under the scheme and to make the cut, the farmer should have been a resident of Telangana state and must own farming land.
Currently, more than 8 lakh farmers in Telangana enjoy the benefits of the Rythu Bandhu scheme.”
Significance of the scheme:
The state government extends financial support to land-owning farmers at the beginning of the crop season through direct benefit transfer so that they can take care of the initial investment needs and do not fall into a debt trap.
How does it compare with the PM-KISAN scheme?
The state government has often said that the Centre’s PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme is a “copy” of Rythu Bandhu. The Telangana government further claims that its own scheme is much better than PM-KISAN.
Key differences:
Criticisms:
The Rythu Bandhu scheme has also come in from criticism from several quarters, with one of the major ones being that it ignores the plight of landless or tenant farmers.