Why Annadata Sukhibhava could be a short-term benefit for AP farmers

In the vote-on-account Budget presented by Andhra Pradesh Finance Minister Yanamala Ramakrishnudu for the financial year 2019-20, the state government has introduced “Annadatha Sukhibhava”, a new scheme to give economic support to farmers for which the state has allocated Rs. 5000 crore for the scheme It is a financial assistance scheme for farmers in the AP, on the lines of Telangana’s Rythu Bandhu scheme. 
The primary objective of the scheme is to provide financial relief to the debt-ridden farmers as a short-term goal. It will provide social security to them.
They can use the money to purchase farm inputs such as seeds, fertilisers and pay for labor, electricity, etc. Under this scheme, the farmers will get an input cost subsidy of Rs. 10,000 per acre every year. About 96 lakhs farmers will benefit under the Annadata Sukhibhava Scheme, as it also includes tenant farmers.
The Government has enhanced input subsidies for paddy, sugarcane, cotton and groundnut crops from Rs. 10,000 to Rs. 15,000, for maize from Rs. 8,333 to Rs. 12,500, pulses and sunflower crops from Rs. 6,250 to Rs. 10,000. This has benefited 39.33 lakh farmers in the state, quoted the finance minister.  
As part of the alleviation of debt burden on the farmers, government is implementing the debt redemption scheme with an outlay of around Rs 24,000 crore. It released three instalments out of five under the scheme. The final two installments will be credited to the farmers accounts shortly. For horticulture farmers, debt redemption Rs.384 crore have been credited into 2.23 lakh loan accounts of farmers. 
For sustainable enhancement of farm incomes, Andhra Pradesh government is also focussing on enhancing productivity by increasing micronutrient subsidy to 100%, strengthened extension services through Chandranna Rythu Kshetralu and Polam Pilusthondi programmes. 
Additionally, the government is also carrying out Zero Budget Natural Farming (ZBNF), which would boost farm incomes, promote organic farming and make farming a sustainable vocation. This model has won accolades across the globe in international fora such as the United Nations and World Economic Forum. 
To reduce cost of farming, “our Government is promoting mechanisation, sharing of mechanical equipment and has launched a program to distribute tractors and rotovators with a maximum subsidy of Rs. 2.5 lakh,” added the finance minister, elaborating the government’s efforts in making farming profitable.

Photo Gallery