Hyderabad, Feb. 5 -- Telangana agriculture minister Tummula Nageswar Rao announced that the Rythu Bharosa financial assistance amounts will be disbursed to farmers' bank accounts beginning Wednesday, February 5.

The minister said 17.03 lakh farmers who own farming lands under one acre will receive the monetary benefit in the first phase.

The Rythu Bharosa amount will be released to Telangana farmers in two instalments of Rs 6,000 per acre of cultivable land. The implementation of the Congress party's election promise, however, was to provide assistance of Rs 15,000 per acre, which was revised to Rs 12,000, after coming into power, owing to the state government's financial burden.

The Rythu Bharosa financial assistance was distributed i...