The YSR Rythu Bharosa Scheme has been one of the most Good welfare schemes launched by the AP government in the recent past. But it has still managed to garner wide popularity in the rural regions. The YSR Rythu Bharosa has been launched as a flagship scheme of the new Government of Andhra Pradesh. The programme offers financial assistance to the low-income group of farmers in Andhra Pradesh.
The main focus of this programme is to promote agriculture, improve rural standard of living and provide financial help to the families who have at times suffered due to various calamities like floods, drought and crop failure etc. Since all these factors have adversely affected the agricultural production and infrastructure, the YSR Rythu Bharosa aims at revitalizing the agricultural production and promoting better irrigation facilities and better farming techniques.
Since the government wants to help the agriculture, it has planned to launch a number of financial schemes to do so. The first of these is the YSR Rythu Bharosa scheme which will increase the number of acres of land that can be farmed with the help of modern technologies and fertilizers.
Overview of YSR Rythu Bharosa List 2021
|Name of the scheme||YSR Rythu Bharosa|
|Article about||YSR Rythu Bharosa List|
|Launched by||Mr Jagan Mohan Reddy chief minister of Andhra Pradesh|
|Department||Department Of Agriculture and Farmer Welfare|
|Beneficiary||Farmers Of SC / ST / Minority / BC category|
|Start date of Scheme||15th October 2019|
|Date of Releasing 1st Installement||15th May 2020|
|Date of Releasing 2nd Installment||Month of Oct 2020|
|Benefits of Scheme||Rs. 13,500/- Per Annum for 5 Years|
Rythu Bharosa Scheme 2021-22
The Chief Minister of AP State has decided to credit the first at the cabinet meetingRythu Bharosa installmentFor the financial year 2021-22.The government will issue 3.9 billion rupees in deposits. It will be deposited in the bank accounts of 52.34 million farmers on 13 May 2021. Through this installment, each farmer will receive Rs 7,500. This financial aid will be transferred by the AP government to the farmer’s account using the DBT method.
The government has already made deposits of Rs. 4.40 lakh crore to 54 lakh farmer’s accounts.In addition to the financial assistance of more than 3.9 billion rupees, the government also provided an additional 2 billion rupees to farmers. This scheme has already seen Rs 16983.23 crores spent. The YSR Rythu Bharosa program benefited 46.69 lakh farmers in 2019-20 and 51.59 lakh in 2020-21.
The farmers of Andhra Pradesh received the amount on 15th May 2020, and 27th Oct 2020. The 3rd installment, Rs 2,000, has been deposited by YSR Jagan Mohanreddy, chief minister of Andhra Pradesh. This deposit is effective from 28 December 2020.17.66 billion rupees were transferred to the farmer’s bank account. The government released Rs 1120 crore from this 1766 crores under the third installment.
YSR Rythu Bharosa SchemeSub-investment subsidies of Rs 646 crore to farmers affected by the October Cyclone.
YSR Bharosa All Three Phase Details
|First Installment||Rs 2000+Rs 5500 Amount||Till May 2020|
|Second Installment||Rs 4000||27th Oct 2020|
|Third Third Installment||Rs 2000||In the Month of Jan 2021|
|Total||Rs 13500||Till the End of 2020|
The Chief Minister directly transferred the amount to the beneficiary’s account via his Tadepalli camp offices. The cyclone caused damage to 12.01 lakh acres in agriculture and horticulture. 8.34 lakh farmers were also affected by the cyclone. Farmers can call the helpline number 155251 if they have any problems.
YSR Rythu Bharosa Scheme Benefits:
- The state will provide a loan to farmers at zero percent interest
- Rent farmers will receive Rs. 2500/- per annum
- Farmers will receive free electricity for nine hours a day
- Borewells will be provided for free to farmers
- Road tax is not required for farmers to use tractors.
- All over the state, cold storage units can be found
- Coverage for life insurance of Rs. 5 Lakhs for the farmer family
- The government will pay a premium for the insurance
The YSR Rythu Bharosa Scheme’s Objective
- The following are the main objectives of the government to launch Rythu Bharosa:
- To assist farmers financially
- To develop the agricultural sector
- To increase crop production
- To lower the farmer’s debt burden
- Criteria for Eligibility
- The applicant must be a permanent resident of Andhra Pradesh
- The applicant must be associated to the agricultural sector
- This scheme allows small agricultural or marginal tenants to apply.
- A farmer must own 5 acres of cultivated ground
AP YSR Rythu Bharosa Scheme Statics
|Name of the District||Total Farmers||Number Of Families||Farmers|
Farmers get financial help for purchasing new and improved equipment so that they can increase the production of their yields and get some profit out of it. Besides, the programme also encourages the use of organic pesticides and fertilizers to ensure that the food we eat is safe from harmful chemicals.
The second scheme government launched is the YSR Rythu Bharosa Limited Income Share Loan scheme. The scheme government offers the same facilities to low-income group of farmers owning more than one small holding as against a single large holding and hence, the borrowers of this loan scheme are entitled for bigger loans. This loan scheme is also open to new farmers having a score of 100 in the agriculture section.
The third scheme is the YSR Rythu Savings Account (RSSA) Account. In this scheme, all the loan amount and the interest are deposited in a special savings account of the borrowers and at the end of every month, they receive a deduction of a certain percentage of their loan amount. The first eligibility criteria of this scheme is that you should be a farmer and the second is that you should have your first hand sale of a productive asset. The government also offers a scholarship to high scoring entrepreneurs.
Direct Links To Check YSR Rythu Bharosa 1st & 2nd Installment
|Name of the District||Direct Link|
|East Godavari||Click Here|
|West Godavari||Click Here|
The YSR Bharosa Scheme has made a special loan for Scheduled Crop Farmers (SCF) with a limit of Rs 1000 crores. The main aim of this scheme is to encourage smallholders to invest in crops by keeping them away from the risks of investment in commercial agricultural lands. The scheme allows the high-scoring farmers to access monetary assistance through the Special Reserve Bank (SRB). Through this, the YSR bharosa is able to manage their day-to-day expenses and is thus helping them to improve their conditions.
The fifth scheme is called the YSR Rythu Direct Benefit Transfer (DRBT). This scheme has been designed to provide direct benefit transfer between individuals. The direct benefit transfer schemes were mainly introduced to help reduce the financial burden on the defaulters. In this scheme, the government transfers the financial amount directly to the account of the lender, so that the borrower does not have to pay the tax. The advantage of this scheme is that there is no tax required to be paid to the government, which results in making it easier for the borrowers to pay back the loaned amount.
The sixth scheme is the YSR Rythu Strengthening Scheme. This scheme offers financial support to people who are unable to return their loans earlier. Through this scheme, farmers who face a sudden crisis due to unexpected debts are able to reduce their financial burden. The financial support is offered to people with an average income of at least fifteen thousand pounds. It has been found that this scheme helps to stabilize the agricultural industry in the state, and thus enables the production of higher crop productivity.
The seventh scheme is the Y SR Rythu Special Economic Zilla (ZEZ) package. This package has been specifically designed for those farmers who are suffering from the problem of financial crisis. The package provides financial assistance to the distressed agricultural sector. It has also been found that this scheme helps farmers increase their crop production and consequently improve the agricultural market and the overall economy.
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How much Amount is Giving to AP farmers through YSR Rythu Bharosa Scheme?
Overall Rupees 13,500 is given to poor farmers, this amount includes benefit under PM Kisan Yojana.
How to check the current status of YSR Bharosa Scheme Payment?
Visit Here: https://ysrrythubharosa.ap.gov.in/RBApp/RB/Login
What is Andra Pradesh YSR Rayathu Bharosa Scheme?
The Andhra Pradesh Government YSR Rythu Bharosa Scheme provides financial support to farmers.