Third tranche of Rythu Bharosa amount, Nivar input subsidy released

Third tranche of Rythu Bharosa amount, Nivar input subsidy released
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51.59 lakh farmers to benefit; 8.34 lakh get relief for damage to crops
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51.59 lakh farmers to benefit; 8.34 lakh get relief for damage to crops
Chief Minister Y.S. Jagan Mohan Reddy on Tuesday released the third tranche of ‘YSR Rythu Bharosa-PM Kisan’ of ₹1,120 crore benefiting 51.59 lakh farmers along with the compensation of ₹646 crore for crop damage during the Nivar cyclone supporting 8.34 lakh farmers. A total of ₹1,766 crore was deposited in the farmers’ bank accounts with a single click.
Speaking on the occasion, Mr. Jagan said the State government had spent ₹61,400 crore towards farmers’ welfare in the last 18 months. The government was committed to safeguarding the farmers’ interests and thus provided ₹13,101 crore under YSR Rythu Bharosa-PM Kisan by giving ₹13,500 every year to 51.59 lakh farmers. The beneficiaries include tenant farmers and those cultivating the forest lands, he said, adding, he believed that the State would be better if the farmer was happy and doing well.

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