Key Points
The first tranche of financial assistance to Andhra Pradesh farmers was released on June 1 by the state government...
CM Y S Jagan Mohan Reddy credited Rs 5,500 each to 52.3 lakh eligible farmers under the YSR Rythu Bharosa-PM Kisan scheme for the fifth consecutive year...
Under this scheme, the AP government doles out Rs 13,500 financial assistance to all landless SC, ST, BC and minority tenant farmers, including those cultivating endowment lands in three tranches..
"Your son's (Jagan) government is a government which believes that the state will be prosperous only when the farmer is prosperous," the chief minister told farmers in a video link after releasing the amount...
According to Reddy, though he promised to give Rs 12,500 assistance for four years in the election manifesto, he said that promise has been bettered to give Rs 13,500 for five years now, resulting in Rs 17,500 additional funds to farmers...
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