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.
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.