TAD NewsDesk, Andhra Pradesh: In this ongoing pandemic, Andhra Pradesh government has constantly been working for the welfare of the farmers through various schemes. In these severe crisis days, the government has recently announced another welfare scheme for farmers. A fund of Rs 510.3 crore to aid around 14.5 lakh farmers.
Kurasala Kannababu, Agriculture Minister of Andhra Pradesh said,
“14.5 lakh farmers of the state will get Rs. 510.3 crore. The money will be credited to their bank accounts under the YSR Sunna Vaddi (Interest free loans) scheme on November 17. This amount is the interest on the loans taken and repaid by the farmers.”
Loans:
Farmers are provided with interest free loans as has been promised in the manifesto of the party said Mr Kannababu along with Kakinada MP Vanga Geetha in a press meet in Kakinada.
He said,
“The farmers who repaid their loans within a year are getting repaid with interest on their loans, the amount will be credited to their accounts.”
Chief Minister YS Jagan Mohan Reddy released the fund.
There has been a huge amount of crop damage covering around 93, 908 hectares of land in the time span of June to September. Around 1,70,266 farmers suffered huge losses. Around 74,000 hectares of agricultural crops and 14,000 hectares of horticulture crops too were ruined. Around 1.98 lakh farmers suffered losses.
Input Subsidy
Input subsidy will be declared soon for the farmers who had faces losses in crops like Cotton, Groundnut, Black Gram, Maize. An amount of 136.14 crores has already been released by the central government. It is for the months of June to September.
The agriculture minister mentioned that this is the first time input subsidy will be released in the same season. He added, “Rs. 1,152 Crore was allocated for interest-free loan subsidy in the budget, and till the date, Rs. 825 Crore are released.”
Andhra Pradesh government has been working tremendously and contributing to help farmers in every possible way. Their schemes and efforts are commendable in these rising Corona crisis days.
Source: Krishi Jagran
