Today, we’re sharing details about the first part of Andhra Pradesh’s scheme called YSR Rythu Bharosa 2023-24, which benefits farmers. The article explains how to apply, who qualifies, and the amount farmers receive. This info is also on the official site. Chief Minister YS Jagan Mohan Reddy launched this scheme for the fifth year to financially help farmers. Read the full article for complete details.
YSR Rythu Bharosa 2023-24
The Andhra Pradesh government has introduced the YSR Rythu Bharosa 2023–24 program for farmers. Through this initiative led by the state’s chief minister, landless or small-scale farmers will receive financial aid. The scheme’s goal is to provide each farmer with Rs 13,500 annually. Additionally, Andhra Pradesh farmers receive Rs 6,000 per year under the PM Kisan Samman Nidhi by the Central Government. This assistance is directly transferred to farmers’ accounts through the DBT method.
YSR Rythu Bharosa Status 2023 Overview
|Scheme Name||YSR Rythu Bharosa 2023-24|
|Department||Department of Agriculture and farmer Welfare|
|Organized by||Chief Minister of Andhra Pradesh Mr. Jagan Mohan Reddy|
|Start date||15 October 2019|
|1st and 2nd Installment release date||—|
|Scheme Benefits||Rs. 13500 per annum for 5 years|
YSR Rythu Bharosa Scheme Payment for 2023-24
This scheme started on October 15, 2019. Initially, about Rs. 6162.45 crore was shared among 4.5 million farmers. The Central Government contributed Rs. 2525 crore, and the State Government provided the remaining Rs. 3637.45 crore.
For the second year of the YSR Rythu Bharosa Scheme Payment in 2023–24, the Andhra Pradesh Government distributed Rs. 6750.67 crore, benefiting 49.40 lakh farmers. Of this, Rs. 3784.67 crore came from the State Government, and Rs. 2966 crore was provided by the Central Government through the PM Kisan Yojana.
This means, every financial year, farmers receive a total of Rs. 13,500 through YSR Rythu Bharosa 2023–24 and PM Kisan Samman Nidhi from both the State and Central Governments. For full details on the YSR Rythu Bharosa Scheme Payment for 2023-24, continue reading till the end.
Installment of the YSR Rythu Bharosa Scheme Released
The YSR Rythu Bharosa 2023–24 was started to financially help farmers. On October 26, 2021, the second part of this scheme was given out. This day also saw the launch of YSR Zero Interest Loan and YSR Yantra Seva Scheme. The installment from YSR Rythu Bharosa was handed over, and the money was directly sent to the beneficiaries’ bank accounts.
Based on government data, around Rs 18,777 crore has been given to farmers through these two schemes. The government’s plan is seen as a significant achievement, bringing financial, social, and mental benefits to the farmers.
YSR Rythu Bharosa All Three Phase Details
|First Installment||Second Installment||Third Installment||Total|
|Rs. 2000 Rs 5500||Rs. 4000||Rs. 2000||Rs. 13500|
|Till May 2020||27 October 2020||Jan 2021||Till end of 2020|
How to Check Your YSR Rythu Bharosa Status 2023
You can check your YSR Rythu Bharosa status online by following these steps:
- Go to the official website of the YSR Rythu Bharosa scheme.
- Click on the “Know your status” tab.
- Now Enter your Aadhaar number.
- After entering Aadhar select the year for which you want to check your status.
- Now Click on “Submit”.
- Here, You will be able to see your YSR Rythu Bharosa status 2023.
Benefits of YSR Rythu Bharosa Scheme
This scheme has a major benefit: farmers in the state can get loans without any interest (0% interest). Each year, Rs. 13,500 is directly put into farmers’ bank accounts to help them financially. So, over five years, each family gets a total of Rs. 67,500.
Farmers receive 9 hours of free electricity daily. Those without land get an additional Rs. 2500 each year. This breaks down as Rs. 6000 from the Central Government, Rs. 5500 from the Andhra Pradesh State Government, and an extra Rs. 2500 from the YSR Rythu Bharosa Scheme, which also provides government insurance.
Additionally, farmers in this scheme don’t need to pay road tax for tractors.
FAQs of YSR Rythu Bharosa 2023-24
YSR Rythu Bharosa 2023-24 is a government scheme in Andhra Pradesh aimed at providing financial support and benefits to farmers.
The scheme was launched on October 15, 2019, to assist farmers.
Landless or small-scale farmers in Andhra Pradesh are eligible for the scheme.
The scheme provides financial aid of Rs. 13,500 to each eligible farmer annually, along with other benefits.