5 lakh Rupees TS Rythu Bandhu Life Insurance Bonds Scheme 2019, Telangana Rythu Bandhu Life Insurance Bonds Scheme Details
Today Telangana government which is also known as Telangana Rashtra Samithi announce new scheme for farmers. After the separation from Andhra Pradesh, Telangana is a new state of India. The capital of Telangana is Hyderabad. A huge number of farmers doing crop production every year in Telangana state. In Telangana 5.8 million farmers staying and working in farms. Telangana government launch Rythu Bandhu Life Insurance Bonds Scheme for farmers. With this Scheme 2.8 million farmers will get direct benefit.
TS Rythu Bandhu Life Insurance Bonds Scheme
So farmers, Telangana “Rythu Bandhu Life Insurance Bonds Scheme” is a Life Insurance Scheme. Under this scheme farmers will get 5 lakh rupees insurance coverage. With this scheme not only farmer but his family members also covered. Under the scheme if farmers were his family member will die why natural death or accident then this money will be given to the farmer family. For this scheme the age a farmer will be in between 18 to 60 year old. As you know this symbol give direct benefit to 28 lakh farmers of Telangana.
Scheme is officially launched on 6th of August 2018. Government officials said that the insurance bonds will be given to farmers from 15th of September 2018. In this post we will give you a brief information about Rythu Bandhu Life Insurance Bonds Scheme. So stay with us.
Important key points Rythu Bandhu Insurance Scheme
- Farmers those get Monetary assistance of 4000 rupees under the scheme of input / financial investment support scheme they will be eligible for this scheme.
- The other eligibility criteria is the age and applicant age should be in between 18 to 60 years.
- The insurance money will be given to the family within the 10 days after the death or accident.
- For this scheme government release a budget of 650 rupees.
- With Rythu Bandhu Life Insurance Bonds Scheme 28 lakh farmers will get benefit out of 58 lakh farmers.
- Telangana Rythu Bandhu Life Insurance Bonds will be given to the farmers from 15th of September 2018.
- In Telangana after the launch of the scheme, Tenant farmers a demanding to give the benefit of the scheme to them. But government was not included them in this scheme.
Rythu Bandhu 5 Lakh Rs Life Insurance Bonds Distribution
After that the Telangana government has distributed cheques of rupees 4000. These checks will be distributed under the Rythu Bandhu program. This money will be distributed to help the farmers for purchasing seeds, fertilizer and diesel for the Tractors.
Related:- Rythu Bandhu Farm Loan Wavier List
So at the end we will give you a conclusion about the Rythu Bandhu Life Insurance Bonds Scheme 2019. Under the scheme farmers will directly get life Insurance of rupees 5 lakh. We really don’t want that any farmer will die, or face any Accident. But due to any circumstances any Farmer will die or face any accident, then her family will get 5 lakh Rupees as Rythu Bandhu Life Insurance Bond scheme. So we requested all the farmers, to take benefit of this scheme and get it this bonds.