➤ Chief Minister of Telangana signed on 6 Guarantee schemes for Telangana and Rythu Bharosa Scheme is the first guarantee scheme.
The new government of Telanagana has implemented its 6 gurantee schemes which were announced as part of its manifesto.
Telangana Chief Minister Revanth Reddy has first signed on the file which converts these guarantee schemes into law as on 7th December 2023.
• Under this scheme Farmers and tenant farmers in the state shall receive ₹15,000 annually per acre.
• Also, Agricultural laborers will get ₹12,000 every year
• ₹500 bonus shall be provided to the farmers who cultivate paddy crop which will be additional to the MSP amount.
Currently government had enabled registration for congress guarantee card over its party portal, Yet application for this specific scheme is not enabled on government portal. Government will enable the same shortly for the financial benefit of 15000 rupees/acre/yearly for farmers.
