Andhra Pradesh govt disburses Rs benefitting 50 lakh farmers

NewsBharati 28-Oct-2020 12:51:47 PM

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New Delhi, October 28: Disbursing the second installment of input subsidy under YSR Rythu Bharosa-PM Kisan scheme, Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has been directly credited 1,115 crores to around 50.47 lakh farmers, including Rs 11,500 each to the state's ROFR Patta holders.

According to CM, Rs 4,000 each, were directly credited into the bank accounts of 50.47 lakh farmers.

"Continuing the policy for the second consecutive year under the leadership of Chief Minister YS Jaganmohan Reddy, around Rs 1,115 crore has been directly credited to around 50.47 lakh farmers, including Rs 11,500 each to the state's ROFR Patta holders. A sum of Rs 4,000 has been credited to each beneficiary's account under the second installment," said an official release of the state government on Tuesday.

The 2nd installment of #YSRRythuBharosa has been deposited into the bank accounts of 50.47 lakh farmers, at an expenditure of Rs. 1115 Cr. Additionally, input subsidy amounting to Rs. 135.7 Cr has been transferred to farmers who incurred heavy losses in the Kharif season. (1/2) pic.twitter.com/qCsTImNT3R
— CMO Andhra Pradesh (@AndhraPradeshCM) October 27, 2020

In May Jagan led the government the first tranche at the beginning of the Kharif season in which Rs 6,173 crore was credited to as many as 49.69 lakh farmers. Each farmer was given Rs 7,500 out of the first installment. This is the only state in the country extending an input subsidy of 13,500 to farmers, including the tenant farmers and peasant cultivating forest and assigned lands, under the Rythu Bharosa scheme

Besides the second installment, the Chief Minister also released input subsidies for the farmers (both agriculture and horticulture), who lost their crops from May to September. A total amount of Rs 136 crore has been credited into the bank accounts of around 1.66 lakh farmers towards compensation for crop loss incurred due to heavy rains and floods from June to September this year.

The 2nd installment of #YSRRythuBharosa has been deposited into the bank accounts of 50.47 lakh farmers, at an expenditure of Rs. 1115 Cr. Additionally, input subsidy amounting to Rs. 135.7 Cr has been transferred to farmers who incurred heavy losses in the Kharif season. (1/2) pic.twitter.com/qCsTImNT3R
— CMO Andhra Pradesh (@AndhraPradeshCM) October 27, 2020

Reddy said, “A total of 10,641 RBKs will be set up across the state to support farmers in every possible way. Right from sowing the seeds to the time of harvest, farmers should have access to all the basic amenities in place.”

Moreover, the Chief Minister also released input subsidies for the farmers (both agriculture and horticulture), who lost their crops from May to September. A total amount of Rs 136 crore has been credited into the bank accounts of around 1.66 lakh farmers towards compensation for crop loss incurred due to heavy rains and floods from June to September this year.

Reddy spoke about how farmers have been supported through various other schemes such as Sunna vaddi, the Andhra Pradesh government's commitment to nine-hour free power, and crop insurance where the government is spending around Rs 1,030 crore as premium.