Mr. Y.S. Jagan Mohan Reddy, the Chief Minister of Andhra Pradesh, released the installment of the YSR Rythu Bharosa Scheme for 2022-2023.
On the 16th of May, the Yuvajana Sramika Rythu Congress Party (YSRCP) Government and Chief Minister Mr. Y.S. Jagan Mohan Reddy released the first tranche of investment assistance on the 16th of May. The funds were released at an event in Ganapavaram, West Godavari district. The CM said that they are providing investment assistance to foodgrains under Rythu Bharosa Scheme regularly in the calendar every year.
Mr. Y.S. Jagan Mohan Reddy said, “We are implementing the scheme for the fourth year in a row and giving Rs. 7,500 for the first installment, Rs. 4,500 for the harvest season and Rs. 2,500 for the harvest season. Under the first installment of the fourth year, Rs 5500 will be credited directly to the farmers’ accounts; another two thousand will be released by the Center under the PS Kisan Yojana by the end of this month,”
Concerning this, the Andhra Pradesh Government would release the installment amount of Rs.7,500 directly to the bank accounts of beneficiaries. Approximately 48.77 lakh people have been identified as eligible for the scheme this year, of which 47.86 lakh are landowners and 91,000 are forest cultivators.
Furthermore, the final list of eligible farmers for the YSR Rythu Bharosa-PM Kisan scheme was displayed at the Rythu Bharosa Kendras (RBK) on the 5th of May, evening. The list was displayed for social audit and the officials would consider objections from the public.
Mr. Y.S. Jagan Mohan Reddy, on the 15th of May 2021, launched the YSR Rythu Bharosa- PM’ Kisan Scheme, at the Tadepalli camp office in A.P. The scheme was launched as an undertaking of the Andhra Pradesh Government to benefit the farmers of the State. Under the YSR Rythu Bharosa scheme, the beneficiaries would get Rs. 13,500 per year for agriculture purposes. The scheme would benefit 49 lakh farmers in all the 13 districts of Andhra Pradesh, every year. The money would be given to farmers in three installments of Rs. 7,500, Rs. 4,000 and Rs. 2,000, respectively.
Stay tuned for further updates.
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