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AP Chief Minister Announces YSR Interest Free Crop Loan Scheme

AP Chief Minister Announces YSR Interest Free Crop Loan Scheme. Under this scheme farmers benefited crop insurance. If farmers enrolled for insurance need to pay Rs/-1.

Today CM YS Jagan conducting Rythu Bharosa Programme Meeting, releasing the 2nd year 1st installment amount 2,800 crores. In this meeting announce every year government released Rs/-13,500 beneficiary amount under YSR Rythu Bharosa & PM-Kisan. This amount directly transferred into the farmers accounts. At present for this year under this scheme 49.43 lakh farmers benefited.

At today’s meeting AP CM says eligible beneficiary respective amount gets three installments. 1st installment transferred for Kharif season Rs/-7,500. For second installment amount credited in to the accounts on month of October Rs/-4,000. The last and final installment beneficiary amount Rs/-2,000 released government on month of January sankranti festival.

AP Chief Minister Announces YSR Interest Free Crop Loan Scheme

AP CM announces crop insurance programme i.e YSR Interest Free Crop Loan. Through this scheme state government pay entire interest component on crop loans to banks, on behalf of farmers, for timely repayment of loans. Also at meeting says on 30th May 2020 government launches 10,641 Rythu Bharosa Kendra across the state. At RBK Agriculture Assistant generating the crop growth & informed the marketing department.

Also, YS Jagan at today’s video conference says about YSR Janata Bazar. At YSR Janata Bazar farmers selling their aqua products.

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