AP CM transfers Rs 200 Cr into farmers’ bank accounts

Vijayawada, Nov 28 (UNI) Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy credited Rs.200 crore directly into the bank accounts of 8,68,409 farmers towards input subsidy and YSR Sunna (Zero) Vaddi Panta Runalu by pressing the button.
Releasing the amounts through Direct Benefit Transfer (DBT) virtually at a high level meeting at his camp office here on Monday, the Chief Minister said the Government has been carrying out various welfare schemes for farmers for the last 3.5 years as it irrevocably believes that the state welfare lies in the farmers’ welfare. He observed that the input subsidy scheme which aims at compensating the farmers for the crop loss by the end of the same season and the Sunna Vaddi Panta Runalu scheme which aims at reducing the interest burden of small, marginal and actual cultivators, implemented by the state government for the last 3.5 years successively, have become a trendsetter in the country.
Out of the Rs. 200 crores released today, Rs.39.39 crores will be deposited towards input subsidy in the accounts of 45,998 farmers who have suffered crop loss in the Kharif season, 2022 due to heavy rains and floods.
The balance of Rs. 160.55 crores of the day’s disbursal, will be deposited towards interest subvention into the bank accounts of 8,22,411 small, marginal and actual cultivators and horticulturists who have obtained crop loans up to Rs. 1 lakh for the Rabi 2020-21 and Kharif -2021 and repaid the same on time.
With this, the total amount disbursed so far under input subsidy scheme in the YSRCP rule comes to Rs 1834.78 crores.
Hitting out at the erstwhile TDP rule, he said that while the previous government completely diluted the interest subvention scheme by withholding the payments to farmers to the tune of Rs 1180.66 crores between 2014 and 2019, the YSRCP Government so far cleared the payments to the tune of Rs.1834.55 crores including the arrears kept pending by the previous government which completely ignored the tenant farmers. With this, the total number of beneficiaries under the interest subvention comes to 73.88 lakh in the past 3.5 years. Minister for Agriculture Kakani Govardhana Reddy, AP Agri Mission Vice Chairman MVS Nagi Reddy, Chief Secretary Dr. Sameer Sharma, Advisor to Government ( Agriculture) I. Tirupal Reddy and Special Chief Secretary (Agriculture) Poonam Malakondaiah were among those who were present.