The state government is likely to soon credit funds under Rythu Bharosa, the farmers’ investment promotion scheme, to the accounts of more than 70 million farmers.
The crediting of funds has been delayed by several weeks this season for various reasons, including the non-completion of a survey to assess the exact extent of cultivated land. With the survey reportedly complete, Chief Minister A. Revanth Reddy recently announced at a public meeting that the crediting of amounts would begin immediately after the ongoing municipal body elections. Elections to seven city councils and 116 municipalities will be held on February 11, and the election results will be announced on February 13.
With the dates for the completion of the survey process fast approaching, the government has started the process of mobilizing the required funds of ₹9,000 crore for Rytha Bharos through open market borrowings. The government has submitted a commitment to the Reserve Bank of India to raise ₹9,000 crore during the securities auction that will begin on Tuesday.
Of the total amount, the largest raised in recent years, the government has decided to raise ₹2,000 crore each with a tenure of 13 and 16 years and ₹2,500 crore each with a tenure of 21 and 27 years. The development follows the permission given to the state government to raise ₹71,400 crore for the current fiscal, up ₹17,000 crore from the ₹54,009 crore authorized earlier in the year.
Additional borrowings were allowed after the state decided to swap high-interest loans for low-interest loans, as seen in the repayment of ₹26,000 crore at around 11% interest with loans at around 7% interest, resulting in a saving in the burden on the state exchequer.
Published – 08 Feb 2026 18:57 IST