This story is from November 27, 2023
2. Why EC stopped a govt scheme in Telangana
What
- The Election Commission (EC) on Monday withdrew permission to the government in poll-bound Telangana for granting financial aid to farmers for rabi crops under CM K Chandrashekar Rao’s pet scheme 'Rythu Bandhu'.
- The poll panel had given its nod to the state government to disburse the rabi instalment during the model code of conduct period on certain conditions.
- It had asked the KCR government not to publicise the disbursement while the poll code was in place.
- The poll body said it was forced to act after Telangana minister T Harish Rao made a public announcement about the disbursement of funds. The EC treated it as a violation of the model code of conduct.
- The EC conveyed a stern message to the state electoral officer, stating that the public announcement disturbed the level-playing field in the ongoing election process.
- It directed the immediate withdrawal of permission for disbursement under the scheme until the poll code in Telangana ceases to be in operation.
- KCR launched the Rythu Bandhu scheme, also referred to as the Farmer's Investment Support Scheme (FISS), in 2018 as a welfare program aimed at supporting farmers.
- Under the Rythu Bandhu Scheme, farmers receive financial assistance of Rs 10,000 per acre annually in two tranches during Rabi and Kharif seasons, directly transferred to their accounts.
- The model code of conduct prohibits ministers and authorities from announcing financial grants or making promises from the time elections are announced until their conclusion.
- The scheme has been a focal point in the election campaigns of major political parties in Telangana, which goes to polls on Thursday.
- The Congress criticised the ruling Bharat Rashtra Samithi after the EC action, calling it "irresponsible and self-serving".
Popular from Business
- Equity investors lose over Rs 18.43 lakh crore in five-day market rout
- Many states not on board to lower insurance rate
- $100 million clients: TCS, Infosys lead race
- 10-minute delivery bright spot for 'dark' stores
- Front-running: Sebi bars PNB Metlife stock dealer, 8 others
end of article
Trending Stories
- ITR filing deadline: Don’t miss December 31, 2024 deadline for revised, belated tax returns - here are the consequences
- Low affordability hits car demand: Kia India MD
- Stocks on brokerages’ radar for December 20
- Government plans law to ban unregulated lending
- Stock market today: BSE Sensex tanks over 150 points; Nifty50 near 23,900
- Avoid Rs 10 lakh income tax penalty! Why it's important to report foreign income, assets in ITR by December 31, 2024 - check details
- Stocks on brokerages’ radar for December 19
Visual Stories
- 7 ways reading books can improve your English grammar and language skills
- 9 Things Indian Parents Say About Studies That Every Student Should Listen To
- 8 boring subjects that lead to interesting career options
- 8 reasons smart students prefer mind maps over notes
- 8 reasons why emotional intelligence matters more than IQ for career success
UP NEXT
Start a Conversation
Post comment