Jagan Showers Sops on Farmers on the Occasion of Farmers' Day
Andhra Pradesh Chief Minister YS jagan Mohan Reddy announced a little while ago in Jammalamadugu that July 8th, the birth anniversary of Late Dr. YS Rajasekhara Reddy would be celebrated as Farmer’s Day across the state. Here are some of the highlights from Chief Minister YS jagan Mohan Reddy’s address at the Farmer’s Day celebrations:
- Introduction of YSR zero interest loan to be introduced
- No interest on crop loans.
- YSR Congress government gave farmers 9 hours of free power immediately after coming into power. 60% feeders were equipped to supply power for 9 hours, 40% needed upgrade at an expenditure of Rs 1,500 crore
- Aqua farmers are being provided with Electricity at Rs 1.50 per unit.
- YSR crop insurance scheme Premium will be entirely borne by the government.
- Groundnut farmers, as promised before the elections, to get Rs 9,000 per acre.
- Agriculture Mission set up comprising experts to review the agricultural scene in the state and meet the challenges data-faced by farmers.
- Calamity relief fund of Rs 2,000 crore to be set up to help farmers tide over sudden disasters, natural calamities and drought.
- YSR Raithu Bharosa to be rolled out in May every year, giving each farmer Rs 12,500 would be launched after the Rabi Season on October 15th.
- Price stabilization fund of Rs 3,000 crore to be set up for farmers.