PNS|Hyderabad
“Today, we mark the fifth anniversary of the Rythu Bhima Scheme, a visionary initiative launched by Chief Minister K Chandrashekar Rao on August 15, 2018. This scheme underlines our unwavering dedication to supporting our farming community by extending crucial financial aid to the families of farmers during challenging times,” said Minister for Finance T Harish Rao.
The Rythu Bima Scheme stood as a symbol of the government’s deep commitment to farmers.
Through the program, the Telangana government covered the premium payments to LIC on behalf of eligible farmers to ensure that their families receive a substantial amount of Rs 5 lakhs in case of their unfortunate demise. “This initiative reflected our profound respect for the invaluable contribution of our farmers and our steadfast resolve to stand by them,” he said.
The scheme’s reception has been overwhelming. In its inaugural year of 2018-19, it witnessed registrations from 31.25 lakh farmers.
Over time, this number has grown remarkably, with a staggering 41.04 lakh farmers enrolling in the scheme by 2023-24.
“I extend my heartfelt gratitude to Chief Minister KCR, a true friend of farmers, for conceiving this remarkable scheme.
The Rythu Bima Scheme transcends being just an insurance programme; it’s a lifeline for our farmers and their families.
It underscores Telangana’s unwavering dedication to their well-being and our ceaseless pursuit of their prosperity.
