Andhra Pradesh Govt to Provide ₹109.74 Crore Financial Assistance to Tenant Farmers From Today Onwards

In a significant move aimed at bolstering the agricultural sector and supporting farmers, the Government of Andhra Pradesh is set to release a substantial financial assistance of ₹109.74 crore under the ‘YSR Rythu Bharosa - PM KISAN’ scheme. This initiative, which exemplifies the government's commitment to the welfare of farmers, is slated to take place on September 1, 2023.

Under the visionary leadership of Chief Minister Y.S. Jagan Mohan Reddy, this financial aid will be directly deposited into the bank accounts of deserving beneficiaries, specifically tenant farmers. A press release issued by the government highlights that a total of 1,46,324 tenant farmers hailing from diverse backgrounds, including Scheduled Castes (SC), Scheduled Tribes (ST), Backward Classes (BC), and minorities, will benefit from this scheme. These tenant farmers, who hold Cultivation Certificate Rights (CCR) cards and are also involved in cultivating endowment lands, will each receive ₹7,500 as part of this assistance package.

In addition to the financial support for tenant farmers, the Andhra Pradesh government is also extending a helping hand to those farmers who have faced unfortunate crop losses. An amount of ₹11.01 crore will be disbursed as input subsidy to these farmers, alleviating the financial burden they have endured due to crop failures.

Also Read: Agriculture Department Hosts 2-Day Beekeeping Transformation Seminar in Kupwara's Town Hall

This recent disbursement of financial assistance brings the cumulative total of support provided under the ‘YSR Rythu Bharosa-PM KISAN’ scheme to an impressive ₹3,943 crore. With a clear focus on empowering farmers and improving their livelihoods, the scheme has successfully reached and benefited a staggering 52,57,263 farmers across the state of Andhra Pradesh.

Reflecting the government's unwavering commitment to timely intervention, the input subsidy disbursement has proven to be a lifeline for farmers in times of distress. Since the start of the current season, where crop losses were experienced, the government has disbursed ₹1,977 crore to a substantial number of 22.85 lakh farmers.

The ‘YSR Rythu Bharosa - PM KISAN’ scheme is a testament to the state's proactive approach in addressing the needs of its farming community. With a strong emphasis on financial inclusivity and the upliftment of the agricultural sector, this initiative serves as a beacon of hope for farmers, promising continued support and progress on their journey towards prosperity.

As the Andhra Pradesh government takes another stride in enhancing the lives of its farmers, Chief Minister Y.S. Jagan Mohan Reddy's visionary leadership continues to pave the way for a brighter and more prosperous agricultural landscape in the state.

Also Read: ICAR-IIHR Launches Plant Health Clinic and Seed Production Center to Transform Horticulture Landscape