The Department of Posts extended similar facility during Yasangi season of 2020-21, where about 1.72 lakh farmers have withdrawn Rs 169 crore through the Postal Micro ATMs
On the first day of disbursement, about 16.95 lakh farmers with less than one acre land have received about Rs 516.96 crore into their respective bank accounts under the scheme.
Minister said the government decided to deposit the amounts without delay to help farmers invest in cultivation though the State government could not generate enough revenues in the past one year due to Covid-19
The State government will deposit the Rythu Bandhu amount of Rs 5,000 per acre in the bank accounts of farmers from June 15 to 25, for this Vaankalaam (Kharif) crop season.
DCCB Chairman Gongidi Mahender Reddy said the State government succeeded in bringing the past glory to agriculture and had ensured that farmers reap profits from cultivation.
State was achieving development in all sectors and the Chief Minister was relentlessly striving for the welfare of the people since 2014, said Roads and Buildings Minister
After numerous agitations and sacrifices, the State was achieved in a democratic manner and is now making the entire country proud with its achievements.
Organic farming is not only cheaper but also remunerative for farmers considering the demand in the market, the Minister said, adding that it would improve the health of soil as well as people
Agriculture Minister S Niranajan Reddy suggested that the farmers should increase usage of organic manure and compost to increase the fertility of their farm lands.
The Chief Minister, describing Ugadi as farmers' festival marking the commencement of agriculture activities, said the festival welcomes the end of the Fall and the beginning of Spring season