Jagan credits second tranche of YSR Aasara
FOR the second consecutive year in a row, AP Chief Minister YS Jagan Mohan Reddy on Thursday released the second tranche of YSR Aasara by crediting nearly Rs 6,440 crore into the accounts of 78.76 lakh women belonging to 7.97 lakh Self Help Groups (SHG)
image for illustrative purpose
Ongole (Prakasam dist): FOR the second consecutive year in a row, AP Chief Minister YS Jagan Mohan Reddy on Thursday released the second tranche of YSR Aasara by crediting nearly Rs 6,440 crore into the accounts of 78.76 lakh women belonging to 7.97 lakh Self Help Groups (SHG). Under the scheme, the outstanding loans of women SHGs which were Rs 25,517 crore (until April 2019) will be directly credited into their accounts in four phases.
Addressing a public gathering here, the Chief Minister said that Aasara Celebrations have been taking place in all districts except Kadapa from October 7-18, taking each mandal as a single unit.
Reddy said the scheme will be implemented in Kadapa district from November 6 to 15 after the by-elections for the Badvel constituency. He stated that the government had spent a total of Rs 12,759 crore towards YSR Aasara alone in the past 28 months.
Later the Chief Minister sanctioned Rs 400 crore for the drinking water project in Ongole and announced that water will be drawn from the first tunnel of Veligonda project by August 2022. The second tunnel will be ready by February 2023. Ministers Peddireddy Ramachandrareddy, Adimulapu Suresh, Balineni Srinivas Reddy, and other officials were present.
