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Thursday, July 7, 2022
HomePOLITICSJagan Mohan Reddy releases first tranche of YSR Rythu Bharosa

Jagan Mohan Reddy releases first tranche of YSR Rythu Bharosa

Jagan Mohan Reddy releases first tranche of YSR Rythu Bharosa
Jagan Mohan Reddy releases first tranche of YSR Rythu Bharosa

Today the  YSRCP government announced that it will distribute financial support to the  farmers under the YSR Rythu Bharosa – PM Kisan Scheme for the fourth year in a row.

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On Monday, an event was organized in Ganapavaram, Eluru district to meet the requirement.  He said, “We are implementing the scheme YSR Rythu Bharosa for the fourth year in a row.”   Under the first installment Rs 7,500 is being provided where the State government will be crediting Rs 5,500 into the bank accounts of farmers on Monday and YS Jagan Mohan  Reddy  stated that another two thousand  assistance under the PM Kisan Scheme will be put into farmers’ accounts by the end of May month . Farmers would receive Rs 7,500 as the scheme’s first instalment.  The total amount that will be provided to the  farmers amounts to Rs 3,758 crore.

Jagan said that his government understands farmers’ issues and prioritizes them. He added that they are  delivering welfare measures and financial assistance to those who deserve it in accordance with the calendar year.

CM added that  more than 50 lakh farmers will get Rs 3,758 cr at a rate of Rs 7,500 each. Rs 23,875 cr  had been deposited directly in  the  bank accounts of the farmers under Rythu Bharosa Scheme since they came to power.

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