Andhra Pradesh CM YS Jagan Mohan Reddy to release Rs 534-crore crop loss subsidy to farmers

Chief ministerYS Jagan Mohan Reddy will release input subsidy of Rs 534 crore to farmers who lost crops due to heavy rains and floods during November 2021.

He will also release Rs 29.51 crore to various farmers groups under YSR Yantra Seva Pathakam (farm mechanization scheme). About 5.71 lakh farmers would receive the input subsidy directly into their bank accounts soon after the chief minister releasing the input subsidy from the camp office. Similarly, 1220 farmers groups would get the benefit under farm mechanization scheme.

Agriculture-notes-for-state-psc-exams”>Agriculture minister Kurasala Kannababu said chief minister YS Jagan Mohan Reddy is very particular about clearing the input subsidy to the farmers who lost their crops due to natural calamities even before the completion of the crop season.

The had so far extended Rs.1605 crore of financial assistance through input subsidy to about 19.67 lakh farmers since YS Jagan Mohan Reddy took over the reins of the state.

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