AP CM Jagan transfers Rs. 200 cr to farmers

Vijayawada: Strongly reiterating his commitment to the welfare of the farmers once again, Chief Minister YS Jagan Mohan Reddy released 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 near here on Monday, he 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 crore released on Monday, Rs 39.39 crore 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 crore 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 crore.