YS Jagan releases Rythu Bharosa funds in Puttaparthi, says farmers welfare is important to govt.

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has released the Rythu Bharosa funds in Puttaparthi by lighting a lamp. In the first installment, 52.57 lakh farmers were provided with Rs 3,942.95 crores at the rate of Rs 7,500 each and for the second installment, each farmer will receive Rs. 4000.

The government is providing investment assistance to farmers in three installments each year, with each farmer receiving a total of 13,500 rupees with first installment of Rs. 7500, the second installment Rs. 4,000 and the third installment is Rs. 2,000. Eligible landowners, cultivators of Endowments and forest lands, and tenant farmers belonging to SC, ST, BC, and minority categories will also receive investment assistance based on their details available on the web land.

Addressing the gathering, Chief Minister YS Jagan Mohan Reddy on Tuesday released the YSR Rythu Bharosa PM Kisan funds and emphasized the importance of the well-being of farmers for the prosperity of the state. He highlighted the government's efforts in providing unprecedented investment assistance to farmers over the past 53 months. "Through the YSR Rythu Bharosa scheme, 53 lakh farmers have been receiving an annual investment assistance of Rs. 13,500, a significant support for the agricultural community," he said.

The Chief Minister also mentioned the government's initiatives such as providing free electricity for 9 hours during the day and supporting farmers by paying premiums for crop insurance. He expressed gratitude that the state did not face any drought over the past five years, attributing it to the grace of God. He criticised the previous Chief Minister, Chandrababu, for his alleged lack of action during his 14-year tenure.

Stating that droughts are inevitable, YS Jagan said it is the responsibility of the government to help the farmers and assured of government support.

Taking a dig at Chandrababu, YS Jagan said that the former was involved in the scams and never bothered about the people's welfare. He asked the people tie see the difference and vote for him in the next elections if the government has done good to them.