In a major festive relief, the Telangana Government has deposited ₹1,429 crore directly into farmers’ bank accounts ahead of Sankranti. The amount was released as a ₹500 per quintal bonus for farmers cultivating thin (fine) rice varieties, ensuring timely financial support during the festival season.

Why Did the Telangana Government Release ₹1,429 Crore to Farmers?

The funds were released as part of the government’s assurance to support farmers growing thin rice varieties.

Key highlights:

Bonus of ₹500 per quintal for thin rice cultivation
Amount credited directly to farmers’ bank accounts
Released ahead of Sankranti festival
Continued scheme from last year’s support program

How Were the Bonus Funds Transferred?

Officials explained that:

Farmers sold produce at IKP and cooperative procurement centers
Farmer details were recorded during procurement
Bonus amounts were directly transferred to bank accounts
Total bonus released this season: ₹1,429 crore

This ensured transparent and hassle-free payment distribution.

Why Was the Payment Released Before Sankranti?

Although the funds were initially expected to be released later in the month, the government advanced the payment schedule to provide:

Timely festive financial support
Relief to farming families
Increased trust in government assurances

How Has the Scheme Impacted Thin Rice Cultivation?

Increased farmer interest in thin rice varieties
Growth in thin rice cultivation across Telangana
Bonus support added to Minimum Support Price (MSP)
Encouragement for crop diversification

Thin Rice Bonus Scheme:
The Thin Rice Bonus Scheme is a Telangana Government initiative providing additional financial incentives per quintal to farmers cultivating fine rice varieties, alongside regular minimum support price procurement.

Final Word

By releasing ₹1,429 crore ahead of Sankranti, the Telangana Government has delivered timely financial assistance to farmers, strengthened rural confidence, and encouraged continued growth in thin rice cultivation across the state.