Farmers and self help groups of women in Andhra Pradesh can look forward to next instalment of promised funds from the Government in a day or two.
Finance Department will release Rs.1,000 crore in a day or two under the debt redemption scheme for farmers. The remaining Rs.2,000 crore will be released by June-end to synchronise release of funds with the commencement of the Kharif season.
The Dwcra groups too will get an investment fund of Rs.550 crore in a day or two out of Rs.2,400 crore.
The remaining amount will be released in two months, said Principal Secretary, Finance P.V. Ramesh here on Tuesday. The State released Rs.750 crore for Polavaram Project on Monday and Comprehensive Budget
Release Orders were being issued for various departments bringing in a big change to cut the delay in release of funds to take up various works proposals already submitted in the budget proposals, he said.
In view of drinking water shortage, the Government released Rs.26 crore for urban areas and Rs.40 crore for rural areas to meet any exigencies.
This is in addition to Rs.55 crore released for urban and rural areas last week. The NREGS funds of Rs.1,080 crore were also released, he said.
Dwcra groups to get Rs.550 crore
