Telangana CM orders release of Rs 404.58 cr for farmers` subsidy

Last Updated: Tuesday, August 12, 2014 - 01:21

Hyderabad: Telangana Chief Minister K Chandrasekhar Rao on Monday ordered the release of Rs 404.58 crore towards input subsidy to farmers whose crops were damaged due to different natural calamities from 2009-10 to 2014.
Besides this, the Chief Minister has also issued instructions for the release of Rs 75.84 crore towards input subsidy to the farmers whose crops suffered damages due to hail-storms and heavy rains, which occurred between 2009-2013.

Thus the total amount now released stands at Rs 480.42 crore, an official release said.

The release of the amount has been pending for long and it has been released now.

The district-wise break up of the released Rs 404.58 crore is-- Ranga Reddy (Rs 28.62 crore), Medak (Rs 34.33 crore), Nizamabad (Rs 1.27 crore), Mahabubnagar (Rs 96.11 crore), Nalgonda (Rs 72.85 crore), Waranagal (Rs 18.69 crore), Khammam (Rs 1.35 crore), Karimnagar (Rs 87.09 crore), Adilabad (Rs 64.26 crore), the release said.

"The payment of input subsidy will be done directly to the bank accounts of farmers and payment shall be made within a period of 90 days from the date of release of funds. Every farmer will be entitled for input subsidy for only one disaster for the same agriculture season," the release added.

PTI

First Published: Tuesday, August 12, 2014 - 01:21

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