Telangana Chief Minister K Chandrasekhara Rao had announced yet another Farmer Friendly Scheme. The State Government had decided to insure every farmer in the state. The Government will bear the entire Premium on the behalf of the farmers.
The Insurance Scheme will also cover the Natural Deaths of the farmers. This is the first of its kind schemes in the country which is intended to prevent the suicides of the farmers. The Scheme will roll out this Independence Day.
This scheme comes after the State Government’s latest initiative of Helping Farmers with 8000 Rupees Per Acres For Two Crops in a year. It is also the first of its kind scheme where farmers are helped for their investment.
Until now, the governments have only helped farmers with Loan Waivers which only help the farmers after the damage has happened. Both these schemes are revolutionary and will change the dynamics of farming in Telangana. They are also expected to benefit TRS immensely in the coming elections.