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Andhra Pradesh CM disburses ₹120 crore financial assistance, compensation to farmers

Input subsidy of ₹11 crore was extended to farmers who incurred losses during the recent floods, in addition to the ₹38 crore already disbursed.

Published Sep 01, 2023 | 4:19 PMUpdated Sep 01, 2023 | 4:19 PM

YSR Rythu Bharosa
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Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Friday, 1 September, disbursed ₹120 crore in financial assistance to 1.4 lakh eligible tenant farmers under the YSR Rythu Bharosa scheme, which also included another ₹11 crore compensation to 11,373 farmers who suffered crop losses.

Out of ₹120 crore, he disbursed ₹109 crore under the YSR Rythu Bharosa scheme’s first phase for fiscal 2023-24 to SC, ST, BC, and minority farmers, and also eligible farmers who are cultivating on endowment lands.

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‘Subsidy to farmers who suffered losses in recent floods’

An input subsidy of ₹11 crore was extended to farmers who incurred losses during the recent floods, which is in addition to the ₹38 crore already disbursed.

“Unlike any other place in the country, there is no other government which is standing by the tenant farmers as ours,” Jagan said during the function which he attended virtually from his camp office.

As many as 1.4 lakh farmers will receive ₹7,500 financial assistance while the ₹11 crore compensation will benefit farmers who cultivated nearly 5,000 hectares in the current kharif season.

The chief minister noted that these funds would come in handy at a needy time and obviate the need to approach money lenders.

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‘Helped more than 5 lakh farmers’

According to the chief minister, the Andhra Pradesh government helped more than five lakh tenant farmers in the past four years and also issued four lakh ROFR (Recognition of Forest Rights) documents, benefiting more than nine lakh people cultivating forest lands, who also received ₹1,122 crore.

He highlighted that the southern state had disbursed ₹31,000 crore under the YSR Rythu Bharosa PM Kisan scheme alone in the past four years, which helped more than 52 lakh farmers.

Further, he observed that ₹2,000 crore was disbursed in the past four years under the programme aimed at compensating farmers within the season they suffered crop losses.

(Disclaimer: The headline, subheads, and intro of this report along with the photos may have been reworked by South First. The rest of the content is from a syndicated feed, and has been edited for style.)

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