New Delhi, May 19 (IANS): Chhattisgarh Chief Minister Bhupesh Baghel will formally launch the Rajiv Gandhi Kisan Nyay Yojana through video link on the death anniversary of Prime Minister Rajiv Gandhi on May 21.

Under the scheme, Rs 5,700 crore will be transferred directly to bank accounts of 19 lakh state farmers in four instalments. The scheme was conceived during the 2019 Lok Sabha elections to guarantee minimum income to farmers.

"The Rajiv Gandhi Kisan Nyay Yojana is a big scheme of its kind, launched to encourage farmers," said the Chhattisgarh Chief Minister.

To encourage farmers through this scheme, the state government would provide paddy and maize farmers an assistance at the rate of Rs 10,000 per acre in a proportionate manner from the Kharif 2019 season, depending on the quantity acquired through cooperative society, he said.

Under the scheme, 18,34,834 farmers will be provided Rs 1,500 crore as the first instalment for paddy crop.

Similarly, for sugarcane crop, a payment of FRP amount of Rs 261 per quintal and incentive and input support, amounting to Rs 93.75 per quintal i.e. maximum Rs 355 per quintal, will be made, depending on the quantity of sugarcane purchased by the cooperative mill in the crushing year 2019-20.

The first instalment of Rs 18 crore 43 lakh will be transferred on May 21.

The state government will also provide incentive money (outstanding bonus) at the rate of Rs 50 per quintal, based on the quantity of sugarcane purchased through cooperative sugar factories in 2018-19. Under this, Rs 10 crore 27 lakh will be given to 24,414 farmers.

The state government has included paddy, maize, soyabean, groundnut, sesame, arhar , moong, urad, kulthi, ramatil, kodo, kotki from kharif 2020 and sugarcane in rabi under the scheme.