Andhra Government to launch ‘Rythu Bharosa’ scheme for farmers; to replace Annadata Sukhibhava

Andhra Government to launch ‘Rythu Bharosa’ scheme for farmers; to replace Annadata Sukhibhava

  • The Andhra Pradesh government has announced the launch of a new farmer support scheme, named YSR Rythu Bharosa. It will be launched on October 15, 2019. It will replace the Annadaata Sukhibhava Scheme of the previous government. 
  • It will offer investment support of Rs. 12,500 per annum per farmer. It will also free crop insurance and interest-free loans to farmers. In total Rs 50,000 will be given to a farmer in four installments of Rs 12,500. Eligibility: Farmers with land area less than 5 acres. 
  • It must be noted that the financial assistance of Rs. 15,000 per annum per farmer was provided under the Annadaata Sukhibhava Scheme.

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