Telangana govt credits Rs 1,500 each in 74 lakh bank accounts

Hyderabad: The Telangana government on Tuesday credited Rs 1,500 each in over 74 lakh bank accounts towards the financial assistance to poor families during coronavirus induced lockdown.

State cabinet minister K.T. Rama Rao said the government transferred Rs 1,112 crores to banks for this programme.

Chief Minister K. Chandrashekhar Rao had last month announced that Rs 1,500 and 12 kg rice will be given to every ration cardholder. He had said that the government will spend Rs 2,500 crore on the programme.

Rama Rao said more than 87 per cent of free rice distribution was already completed for over 76 lakh cardholders. He tweeted that more than three lakh tonnes of rice were distributed successfully.

Rama Rao complimented Civil Supplies Minister and Civil Supplies Corporation Chairman Satyanarayana Reddy for distribution of rice.

Telangana has 1.03 crore families and out of the 76.67 lakh have white ration cards or food security cards, which is considered a proof that they are living below the poverty line.