AP CM disburses Rs.508 Crore for 3rd yr in a row

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KAKINADA July 29 (The South India Times) With the click of the button, Andhra Pradesh Chief Minister YS Jagan Mohan Reddy released Rs 508.20 Crore into the bank accounts of 3,38,792 women beneficiaries of YSR Kapu Nestham through Direct Benefit Transfer (DBT) mode at a program held at Gollaprolu in Kakinada district On Friday.

This is the third installment of the YSR Kapu Nestham scheme to the beneficiaries meant for improving the economic development and upliftment of the living standards of women from the Kapu, Balija, Telaga, and Ontari castes. Through YSR Kapu Nestham, the women of the Kapu, Balija, Telaga, and Ontari castes between 45 to 60 years of age will be given Rs 15,000 per annum for 5 years and the AP government is providing a total of Rs 75,000 in financial assistance in five years to every beneficiary.

The Chief Minister said that it was a God a farmers’ government given the opportunity to deposit money directly into the accounts of three lakh people today. “Our government is for the sisters and brothers. We are a farmers’ government. We are a government that does good for the poor.

CM Jagan stated that the government is working for the welfare of every social group along with the Kapus, and even though it is not mentioned in the manifesto, they are implementing the YSR Kapu Nestham.

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