Telangana Government’s Initiative: Financial Aid and Economic Plans for the Landless Poor.12000 per acer for Landless Poor Person in Telangana will be created in to their accounts from 28 December 2024.
The Telangana government is committed to uplifting the state’s most vulnerable populations. 12000 per acer for Landless Poor Person in Telangana will be created in to their accounts from 28 December 2024. With a focus on supporting landless laborers and addressing financial burdens, Chief Minister Revanth Reddy and Deputy Chief Minister Mallu Bhatti Vikramarka have unveiled key initiatives to benefit the rural poor and strengthen the state’s economy.
12000 Annual Aid for Landless Families
In a significant move to provide financial stability, the Telangana government announced a program to offer ₹12,000 annually to landless laborers. The scheme will roll out in two installments of ₹6,000 each. The first installment is set to be deposited on December 28, coinciding with the Congress Party’s Foundation Day celebrations. This initiative reflects the administration’s commitment to ensuring financial assistance for the underprivileged.
Deputy Chief Minister Mallu Bhatti Vikramarka, speaking at a press conference in Khammam, reiterated the government’s dedication to delivering this support. He stated, “This financial aid will begin immediately and will directly benefit thousands of families across the state.”
Criticism of Opposition’s Misleading Campaigns
During his address, Mr. Vikramarka sharply criticized the Bharat Rashtra Samithi (BRS) for spreading misinformation about the state’s fiscal policies. He accused prominent BRS leaders, including K.T. Rama Rao and T. Harish Rao, of launching false propaganda to discredit the Congress-led administration. He further challenged the opposition to an open discussion in the Assembly, expressing confidence in the government’s transparency.
Rising Debt: A Legacy of Financial Mismanagement
The Deputy Chief Minister also highlighted the financial challenges inherited from previous administrations. According to Mr. Vikramarka, Telangana’s debt burden has significantly increased since 2014. Key points include:
- Debt Under FRBM: In 2014, the state’s FRBM (Fiscal Responsibility and Budget Management) debt stood at ₹72,658 crore. However, the previous government reportedly borrowed ₹3.89 lakh crore from commercial banks.
- Corporate Loans: There were no outstanding loans under corporations in 2014, but during the BRS regime, ₹59,414 crore in non-guaranteed loans were taken.
- Debt Repayment: The state must now repay ₹7.11 lakh crore in debts by March 2024, including various arrears related to irrigation projects, road infrastructure, and employee benefits.
Mr. Vikramarka assured that the Congress-led government has taken steps to manage this crisis. In its first year, the administration repaid ₹66,772 crore of old debts and allocated over ₹21,000 crore for debt waivers to support farmers.
Focus on Agricultural and Rural Development
Agriculture remains a key priority for the Telangana government. Mr. Vikramarka criticized the BJP-led central government for its failure to address the needs of Indian farmers over the past decade. He emphasized that the Congress government has already spent ₹50,913 crore on farmer welfare within a year of its rule. This includes initiatives like debt waivers and increased financial support for agricultural development.
Plans for Economic Growth
To bolster economic growth and create employment opportunities, the government has laid out plans for infrastructure development. Notable proposals include the construction of airports in Kothagudem, Ramagundam, Adilabad, and Warangal. These airports aim to attract industrial investments and enhance connectivity across Telangana, spurring regional development.
The Telangana government has announced a series of impactful measures to uplift farmers and landless poor in the state. These initiatives aim to provide financial relief, bolster agricultural sustainability, and extend benefits to marginalized communities. Here’s a detailed look at the government’s efforts and their potential impact.
Unprecedented Financial Aid for Farmers
The government has taken historic steps to support farmers, allocating substantial funds to reduce their financial burden. Over ₹21,000 crores in hard cash have been transferred directly into farmers’ accounts within a single year. This marks the first instance in India where such a significant sum has been disbursed in record time.
Key measures include:
- Farm Loan Waivers: Approximately ₹2 lakh crores have been earmarked for farm loan waivers, benefiting thousands of farmers across the state.
- Insurance Premium Subsidies: The government has covered ₹1,514 crores in insurance premiums for farmers, ensuring they are protected against unforeseen losses.
- Micro Irrigation Support: A total of ₹55 crores has been allocated for micro-irrigation projects, such as drip irrigation, to promote water efficiency and improve yields.
Support for Sustainable Agriculture
Sustainability is at the core of the Telangana government’s agricultural policies. From irrigation to seed distribution, the government is addressing farmers’ essential needs to ensure long-term growth.
- Irrigation Projects: Nearly ₹9,795 crores have been spent to complete pending irrigation projects, providing farmers with the water resources necessary for cultivation.
- Seed and Fertilizer Assistance: Farmers received ₹36 crores worth of high-quality seeds under a comprehensive subsidy program.
- Support for Oil Palm Cultivation: ₹40 crores were allocated under the National Mission on Edible Oils to promote oil palm farming, a lucrative crop for farmers.
Empowering the Landless Poor
In a groundbreaking move, the Telangana government has extended its support to landless poor families. Recognizing their financial struggles, the government announced an annual assistance of ₹12,000 for each family, disbursed in two installments.
The initiative is set to launch on December 28, coinciding with the foundation day of the Indian National Congress. The first installment of ₹6,000 will be released on this day, symbolizing the state’s commitment to empowering underprivileged communities.
Farmers’ Welfare Programs: A Commitment to Growth
Telangana’s efforts go beyond financial aid, aiming to create a resilient agricultural ecosystem. Initiatives like Rythu Bima (Farmer Insurance) and Rythu Bandhu (Investment Support Scheme) are examples of comprehensive programs designed to safeguard farmers’ livelihoods.
- Compensation for Crop Loss: Farmers facing crop failures due to natural calamities receive compensation of ₹10,000 per acre.
- Electricity Subsidies: With over 28 lakh pump sets operational in the state, the government has spent ₹11,270 crores on electricity subsidies for agricultural purposes.
Congress Party’s Vision for Inclusive Development
The recent announcements align with the Congress Party’s long-standing tradition of supporting rural communities. The upcoming financial aid programs reflect the party’s dedication to the welfare of the poor and its focus on inclusive growth.
The Chief Minister and the cabinet are committed to implementing these schemes efficiently, ensuring benefits reach the targeted groups by key festivals like Sankranti. These initiatives underscore the government’s resolve to address poverty and improve the living standards of the rural population.
Transparency in Governance
Reaffirming the government’s commitment to accountability, Mr. Vikramarka declared that the Congress administration is prepared to present all financial records and achievements in the Assembly. He stated, “Our government is ready to showcase its transparency and the tangible impact of our policies.”
Conclusion
The Telangana government’s focus on empowering the landless poor and addressing financial challenges marks a progressive step towards inclusive development. With initiatives like annual financial aid, increased agricultural spending, and infrastructure expansion, the administration aims to foster economic growth and uplift the most marginalized sections of society.