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Farmers seek Crop investment in cheques: Pocharam

Jan 11, 2018 19:31 by Admin Admin

Agriculture Minister P Srinivas Reddy who chaired a sub-committee on the proposed Rs 4000 per acre crop investment has said that the amount will be disbursed among the farmers in form of cheques. After chairing the meeting and discussing on the issue at Secretariat with ministers Harish Rao, E Rajender, G Jagadish Reddy, P Mahender Reddy and T Nageshwar Rao and others, he said that most of the farmers sought cheques rather than hard cash. We have collected suggestions and opinion from 624 villages and 62.377 farmers are in favour of the cheques he maintained. The committee will submit a report to Chief Minister K Chandrasekhar Rao soon he said. Since the government is favouring to help them to overcome debt related problems the scheme will prove handy he said. KCR will take a decision and machinery will be pressed into deliver cheques to the farmers Srinivas Reddy said.
Later he told media persons that from next rainy season Rs 4000 will be given to the farmers under this scheme which is first of its kind in the country. No other state could have dared to offer direct money to help the farmers he remarked. As per revenue records and cleansing steps it was identified that 71.75 lakh farmers have 1.42 cr acres of land in all districts in Telangana he said. The committee felt that the scheme will not be implemented to the land which is not cultivable and all other farmers will get the benefit. There is no limit for acres and 97.2 per cent farmers have land below 10 acres and 0.28 per cent farmers with more than 20 acres he said. About Rs 5000 cr to Rs 6000 cr funds needed for the scheme and the government plans to seek help of the Centre and RBI to avoid shortage of cash in the banks, he said.

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