Chief Minister Y.S. Jagan Mohan Reddy has released the third tranche of the YSR Rythu Bharosa- PM Kisan benefit for the third consecutive year. He credited ₹1,036 crore into the accounts of 50.58 lakh farmers from the camp office near here on Monday.
As part of the scheme the State government has been crediting ₹13,500 per annum in three instalments – ₹7,500 in May (khariff), ₹4,000 in October (rabi) and ₹2,000 in January during Sankranti – to suit farmers’ needs.
Agriculture Minister Kurasala Kannababu, AP Agri Mission Vice-Chairman M.V.S. Nagi Reddy, Agriculture Special Chief Secretary Poonam Malakondaiah, Agriculture Commissioner H. Arun Kumar and other officials were present.
