After farm loan waivers, the announcement of free fertilisers to farmers of Telangana has left them awestruck. However, the Opposition parties have termed it as pre-term election preparation by Chief Minister K Chandrasekhar Rao.
CM K Chandrasekhar Rao today declared that the government would provide financial assistance of Rs 4000 per acre to the farmers in Telangana to purchase fertilisers which is a huge amount as total cost of these fertilisers come out to be much less than the sanctioned amount.
Earlier this week, Telangana Rastra Samiti (TRS) ruled government has issued orders for the release of the full and final installment of Rs 4000 crore to banks.
The loan waiver which was promised by the ruling party during 2014 elections costed Rs 17000 crore to the state exchequer.
DIRECT BANK DEPOSITS
As per the Chief Minister, State government will directly deposit the Rs 4000 in the bank accounts of the farmers from next financial year as its free fertiliser scheme.
Every year before the Kharif season in the last week of May the amount will be deposited into the bank accounts of farmers.
While addressing the farmers in an event at Pragathi Bhawan in Hyderabad, the CM Said "We have waived loans of 36 lakh farmers amounting to Rs 17,000 crore. Now farmers have become debt free. I want to do more for the farming community. We are supplying seeds and fertilisers to farmers on time along with nine hours of free and uninterrupted power supply. We are encouraging micro irrigation by giving more subsidies. We waived the loans. Inputs are a burden on farmers and we want to share it too. This is the reason why we have made a historical announcement today."
In Telagana about 55 lakh farmers are using 25 lakh tonnes of fertiliser in every session and it is expected that the government needs roughly Rs 6000 to Rs 7000 crores to spend in this scheme.
'PRE-TERM ELECTION GIMMICK'
Meanwhile, Opposition Bhartiya Janta Party called free fertiliser promise to Telangana farmers a farce and termed it as a pre-term election gimmick and questioned the seriousness of Rao's announcement.
"Why wait for the next financial year? It's just 13 days into a new financial year and CM is making promises for the next financial year, instead of solving immediate problems of the poor farmers," said BJP's national spokesperson Krishna Sagar Rao.
The state is scheduled to go on election in 2019 and the way government of Telangana and its ruling Telagana Rastra Samiti is showering boons has definitely put Opposition parties in a state of worry as they believe K Chandrasekhar Rao might announce an early election in the state.