Hyderabad, Feb. 12 -- The Telangana government has released Rs 1,230.98 crore funds under Rythu Bharosa for approximately 9.56 lakh farmers with up to 3 acres of land, says Agriculture minister Tummala Nageshwar Rao on Wednesday, January 12.

He further added that Rs 1,230.98 crore has been credited to 9,56,422 farmers with up to 3 acres of land under the third phase of Rythu Bharosa. According to reports, So far, Rs 3,487.82 crore has been disbursed to 44.82 lakh farmers, covering 58.13 lakh acres. Additionally, Rs 38.34 crore has been credited to 56,898 farmers whose records were recently updated.

Since January 26, the scheme has been implemented in three phases, covering one village per mandal in each phase. The first phase reportedly...