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.