THE UTILIZATION PATTERN OF RYTHU BANDHU SCHEME (RBS) - A CASE STUDY IN NALGONDA DISTRICT OF TELANGANA

Abstract

Agriculture is an important sector of Indian economy contributing 16 percent of overall GDP with 44 percent of the population getting employment from it still today. Since independence, Indian government has taken several initiatives to improve agriculture starting with first ever land reforms, development of
irrigation projects then after green revolution, subsidies, liberalization and many loan waiving schemes which served the development of agriculture to certain level but the contribution of agriculture sector to GDP has decreased from 1950’s to 2015 leading to agrarian crisis. Agriculture now became no longer a profitable economy as the increased cost of cultivation did not keep pace with returns leading to indebtedness among farmers.