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The Telangana Government has announced a new scheme for all the farmers in the state called as Farmers Investment Support Scheme (FISS) / Telangana Agriculture Investment Support Scheme / రైతుల పెట్టుబడి మద్దతు పథకం. The state government will be providing financial assistance of Rs. 8,000 per acre yearly to all the farmers in the state. They have allocated the budget of Rs. 12,000 crores for FISS irrespective of what farmers grow.
The Farmers Investment Support Scheme (FISS) is announced by the Chief Minister of the Telangana K. Chandrashekhar Rao while addressing the Rythu Samanvaya Samiti conference at Rajendranagar Jayashankar Agriculture university. In his speech is emphasized on the importance of the scheme and also told that the scheme is much needed and appreciated by all. In his speech the CM said:
“Agriculture is a way of life and it cannot be considered as a commercial activity. The years of distress and despair triggered suicides due to years of neglect and discrimination by successive governments in the undivided State”
What is Farmers Investment Support Scheme (FISS)? A financial support for the farmers in the state, under the scheme the Telangana government will provide financial support of Rs. 8000 per acre every year to all the farmers in the state.
Farmers Investment Support Scheme (FISS) Benefits:
- Financial support of Rs. 8,000 a acre every year
- Rs. 4,000 will be provided at the start of the Kharif season and
- Remaining Rs. 4,000 will be provided at the beginning of Yasangi season
- With FISS financial support at the beginning of season poor farmers dont need to take crop loans
- This money can be used for purchase of seeds, fertiliser, pesticide and other potential expenses
- Loan waivers will not be required with FISS and is expected to reduce farmer`s suicides
Farmers Investment Support Scheme (FISS) Implementation:
- A budget of Rs. 12,000 crores is alloted for Farmers Investment Support Scheme (FISS)
- The scheme will benefit 1.42 crore farmers in the state
- The scheme will cover 1.63 crore acres of land in the Telangana state
- There is no cap on the number of acres of land owned by the individual farmer, the scheme is applicable to all the farmers in the state
- Government is working on the mode of payment it will be either by cash, cheque or direct account transfer and government did a survey to know farmers opinions on the mode of transfer
- The scheme will start from the upcoming kharif season
Farmers Investment Support Scheme (FISS) Eligibility:
- All the farmers in the state of Telangana
- There is no higher cap on number of acres of land owned, all the farmers irrespective of number of land owned by him, they are eligible for the FISS subsidy
Documents Required and How to apply for Farmers Investment Support Scheme (FISS):
- State government will distribute land ownership passbook to all the farmers in the state
- 72 lakh farmers are already identified by the revenue department
- The land ownership passbook will have farmer`s name, land survey number, land holding size, AADHAAR number, mobile number along with bank details
- All the farmers with the land ownership passbook will be entitled for the FISS subsidy scheme
Other Schemes & Subsidies:
