Maharashtra Farmers To Get Money Directly Into Accounts

ECONOMY

Following defeats in the Madhya Pradesh, Rajasthan and Chhattisgarh elections and in the face of a growing agrarian unrest in the state, the Maharashtra government has decided to credit farmers’ money directly to their bank accounts on a monthly or yearly basis. State government officials said the amount could be anything from Rs 5,000 to Rs 10,000 a year. “Officials from the agriculture and finance departments will meet this week to see how we can give the money to the farmers,” a senior official.

According to another official, the government is studying different formulae — from that followed by Telangana to that by Odisha. While Telangana pays Rs 4,000 per acre to a farmer per sowing season, Odisha gives Rs 5,000 per cropping season to small and marginal farmers in the state.