Hyderabad: Chief Minister K Chandrasekhar Rao will stick to ‘Karimnagar sentiment’ again for launching his pet scheme Rythu Bandhu, on May 10.
Mr Rao will distribute the Rs 4,000 per acre cheques to farmers on the occasion, the first-of-its-kind scheme in the country to extend Rs 8,000 per acre per year in two phases to all farmers numbering over 58 lakh across the state.
Mr Rao considers Karimnagar to be his lucky mascot ever since he launched the Telangana Rashtra Samithi from there in 2001 to fight for the cause of Telangana statehood, which culminated in the goal of achieving Telangana State.
The government has deposited Rs 4,000 crore in banks for farmers to encash their cheques soon after distribution. However, the RBI is yet to give clarity on when it will send in the rest Rs 2,000 crore.
The government is worried that if the cash supply is delayed, it may lead to resentment among farmers and unnecessary trouble for the government.
Mr Rao directed chief secretary SK Joshi, DGP Mahender Reddy, collectors and SPs of all districts to make foolproof arrangements for smooth distribution of the cheques as this is the first time that the state government is distributing a financial sop directly to beneficiaries on such a massive scale covering all the villages, and any untoward incident would embarrass the government.
