Andhra Pradesh government on Tuesday distributed Rs 1,115 crore to 50 lakh farmers under YSR Rythu Bharosa-PM Kisan scheme, along with an additional Rs 136 crore for compensating crop loss due to heavy rain in the state.
"Continuing the policy for the second consecutive year under the leadership of Chief Minister Y S Jaganmohan Reddy, around Rs 1,115 crore has been directly credited to around 50.47 lakh farmers, including Rs 11,500 each to the state's ROFR patta holders. A sum of Rs 4,000 has been credited to each beneficiary's account under the second instalment," said an official release of the state government.
The release added that the CM also released input subsidies for the farmers (both agriculture and horticulture) who lost their crops from May to September due to heavy rainfall in the state.
"A total amount of Rs 136 crore has been credited into the bank accounts of around 1.66 lakh farmers towards compensation for crop loss incurred due to heavy rains and floods from June to September this year," it stated.
As per the release, the CM said that farmers' welfare is the top priority of his government. "A total of 10,641 RBKs (Rythu Bharosa Kendram) will be set up across the state to support farmers in every possible way. Right from sowing seeds to the time of harvest, farmers should have access to all the basic amenities, and the RBKs will be helping these farmers throughout," said Reddy.
He also spoke about how farmers have been supported through various other schemes of the state government like Sunna Vaddi, and its commitment to nine-hour free power and crop insurance where the Andhra government is spending around Rs 1,030 crore as premium.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)