₹3,929 crore input subsidy disbursed under Rythu Bharosa scheme
Updated:
Updated:
The first tranche of assistance will benefit 52.38 lakh farmers
Share Article
The first tranche of assistance will benefit 52.38 lakh farmers
Chief Minister Y.S. Jagan Mohan Reddy on Thursday released the first tranche of input subsidy to the farmers under the YSR Rythu Bharosa-PM Kisan scheme for the third consecutive year, by crediting ₹3,929 crore into the bank accounts of 52.38 lakh farmers (₹7,500 per head).
On the occasion, Mr. Jagan Mohan Reddy said the government had so far spent ₹17,029 crore on the scheme.
“In the last 23 months, the government has credited ₹89,000 crore into the bank accounts of the beneficiaries of various schemes in spite of the pandemic situation, which has dealt a severe blow to the economy,” he observed.