On the 18th of May, Y.S. Jagan Mohan Reddy, the Chief Minister of Andhra Pradesh (A.P.,) implemented the YSR Matsyakara Bharosa Scheme for the third consecutive year.
Under the scheme, the Yuvajana Sramika Rythu Congress Party (YSRCP) Government would provides financial assistance to fishing families who lose their livelihood during the ban on fishing. On the Tuesday morning, the State Chief Minister disbursed the amount of Rs. 10,000 to each family virtually at his camp office in Tadepalli. The amount would be directly deposited to the bank accounts of 1,19,875 families.
For this, the YSRCP Government released an amount of Rs. 119 crores. In the last two years, fishermen have been benefitted with Rs. 211.71 crore and this year with Rs. 119.87 crore accumulating it to Rs. 331.58 crore in three years along with another.
This time, the State Government also increased the allowance from Rs 4,000 to Rs. 10,000 as promised during the elections. For two years, the Government has been providing regular allowances to fishing families during the ban on fishing. Thus, in 2019, 1,02,478 families received a benefit of Rs. 102.48 crore and in 2020, 1,09,231 families received assistance of Rs 109.23 crores.
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