Second phase Rythu Bharosa disbursed

By Nehru.T Oct. 27, 2020, 05:32 pm IST
Second phase Rythu Bharosa disbursed

50.47 Lakhs of farmers would get Rs.1,115 Crores

The Chief minister of Andhrapradesh has initiated second phase of Rythu Bharosa, which would benefit 50.47 lakhs of farmers all over the state. Around Ras.1115 crores would be disbursed into the bank accounts of the farmers. Rythu Bharosa is one of the gems in Jagans Navarathnalu(9 Welfare schemes) to be implemented in the state.

On Tuesday Jagan addressed the and said Rs 2,000 to each beneficiary’s accounts will be credited. He said a total of Rs 1,114 crore will be disbursed to 50,47,000 beneficiaries including, Rs 11,500 each to the ROFR patta holders, as promised. The chief minister said the disaster management department was given the administrative sanction for the release of Rs 113.11 crore input subsidy for agriculture farmers and Rs 22.59 crore more for the growers of horticulture crops. He said in the first phase, 46 lakh farmers were benefited from the scheme. He said the government had already released an amount of ₹113.11 crore towards input subsidy to the farmers who incurred loss due to floods and rains in East Godavari, West Godavari, Krishna, Guntur, Prakasam, Nellore, Kurnool, Visakhapatnam, Kadapa, and Anantapur districts. For the horticulture farmers, ₹23 crore input subsidy was released, he said. RythuBharosa is one of the nine promises (Navaratnalu) made by Jagan Mohan Reddy during his padayatra before the elections. During 2019-20 fiscal, the State government spent Rs 6,534 crore towards RythuBharosa-PM Kisan scheme, by paying all the three installments, Jagan said. This scheme would be a boon for small and marginal farmers to meet their agriculture expenditue.

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