Telangana sanctions Rs 800 crores for Rythu Bima
The sanction was given in relaxation of quarterly regulation and treasury control orders
Published Date - 6 August 2021, 10:01 PM
Hyderabad: The State government on Friday accorded administrative sanction for Rs 800 crore towards meeting the expenditure for Rythu Bima, an insurance scheme to farmers.
The sanction was given in relaxation of quarterly regulation and treasury control orders. The Commissioner of Agriculture should take necessary action accordingly, said M Raghunandan Rao, Secretary to Government (Full Additional Charge), Agriculture and Cooperation.
Meanwhile, the State government advised the farmers to enrol for the Rs 5 lakh insurance scheme for the policy year 2021-22 by August 11.
Farmers who registered agricultural land in their name as on August 3 and those who could not enrol themselves before can apply for the scheme. Ryots aged between 18 and 59 are eligible, and the age mentioned on the Aadhaar card would be considered. They should personally submit the nomination form after signing it.
Agriculture land passbook and the Aadhaar cards of the farmer and nominee should be submitted. If any farmer fails to apply, he or she cannot do the same till next year.
Since Mandal Agriculture Officers (MAOs) and Agriculture Extension Officers (AEOs) are supposed to forward details of farmers to the Life Insurance Corporation of India through their logins by August 12, the farmers should submit their applications by August 11.
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