Andhra Pradesh: 52.30 lakh farmers to get Rs 3,923 crore under YSR Rythu Bharosa

The scheme is being implemented for the fifth consecutive year. Each farmer will get Rs 7,500 (Rs 2,000 will be credited into their accounts as soon as the amount is released under PM Kisan). 

Published: 01st June 2023 10:49 AM  |   Last Updated: 01st June 2023 10:49 AM   |  A+A-

Farmers harvesting paddy | Express

Representational image of farmers harvesting paddy | Express

By Express News Service

VIJAYAWADA: The stage is set for the disbursement of the first installment of financial assistance under YSR Rythu Bharosa - PM Kisan to farmers of the State. Chief Minister YS Jagan Mohan Reddy will directly credit Rs 3,923.21 crore into the bank accounts of 52,30,939 farmers with the click of a button at a programme at Pattikonda in Kurnool district on Thursday. 

The scheme is being implemented for the fifth consecutive year. Each farmer will get Rs 7,500 (Rs 2,000 will be credited into their accounts as soon as the amount is released under PM Kisan). 

The government has been extending an aid of Rs 13,500 every year under the YSR Rythu Bharosa scheme to all landless SC, ST, BC, minority and tenant farmers along with the farmers cultivating ROFR and endowments lands, including the eligible farmers cultivating their own lands.

Including the latest assistance, the government has credited Rs 61,500 into the bank accounts of each farmer in the last four years under Rythu Bharosa - PM Kisan. Including the present financial assistance of Rs 3,923 crore, the government has disbursed Rs 30,985 crore to farmers in the last four years under Rythu Bharosa - PM Kisan, an official said.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp