Andhra Pradesh government has announced to launch AP YSR Rythu Bharosa Scheme 2019 for farmers. CM Jagan Mohan Reddy has cancelled the previously running Annadata Sukhibhava Scheme of the TDP government. Under the new Rytu Bharosa Yojana in AP, all the farmers will get an investment support amount of Rs. 12,500 p.a. The new input support scheme would be implemented from 15 October 2019.
The eligibility criteria and the AP YSR Rythu Bharosa Scheme List of beneficiaries would be released on a later date. In addition to this, CM has also directed the officials to ensure that each farmer gets minimum support price of their crops.
CM YS Jagan has taken this decision during the review meeting with the Agriculture Department at Tadepalli camp office.
AP YSR Rythu Bharosa Scheme 2019
The important features and highlights of YSR Rythu Bharosa Scheme are as follows:-
- The previous Annadata Sukhibhava Scheme now stands cancelled and a new scheme namely “YSR Rythu Bharosa” Scheme is introduced in Andhra Pradesh.
- Under YSR Rythu Bharosa Scheme in AP, the state govt. will provide an investment support of Rs. 12,500 per annum to farmers.
- The AP YSR Rythu Bharosa Scheme beneficiary list, eligibility criteria and total number of beneficiaries to be released at a later date.
- AP govt. will launch the YSR Rytu Bharosa Scheme on 15 October 2019.
The 1st phase of AP YSR Rythu Bharosa Scheme would be implemented on a mandal wise and village wise manner to provide economic support to farmers.
The Real Time Governance Society (RTGS) is expected to prepare the AP YSR Rythu Bharosa Scheme list of beneficiaries. More than 50 lakh farmers are expected to be the beneficiaries of this investment support scheme in Andhra Pradesh.
The installments of YSR Rythu Bharosa would be credited directly into the bank accounts of the farmer through direct benefit transfer (DBT) mode. CM YS Jagan decided to set up Market Stabilization Fund with Rs 3,000 crore in the budget.