The State government had released Rs 5,510 crore for its prestigious YSR Rythu Bharosa to be launched in Nellore on October 15. Chief Minister Y S Jaganmohan Reddy would launch the scheme on the day and the money would go directly into the bank accounts of the beneficiaries. Though chief minister wanted to have Prime Minister Narendra Modi for the mega event, the later could not spare time after his two-day busy schedule with China President Xi Jinping.
The State government had already issued guidelines for the scheme identifying the beneficiaries. The farmers across the State who are not government employees or retired employees or held any elected post or public sector employees or retired, are not eligible to receive the benefit under the scheme. Farmers in other categories are eligible and have applied for the scheme.
Among the tenant farmers, the government had brought those from the SC, ST, BC and Minorities categories to receive the benefit. They should produce the consent letter from the land owner cultivating a minimum of 50 cents for vegetables or 1 acre for agriculture or horticulture.
The eligible farmers and the tenant farmers would be paid Rs 12,500 per year towards investment assistance, which also includes Rs 6,000 paid by the Central government in three equal instalments. Those who have been receiving this Rs 6,000 from the Central government would be paid the balance Rs 6,500 by the State, while, the others would get the total Rs 12,500 from the State government.
Rythu Bharosa is one of the key promises of the YSR Congress and Jaganmohan Reddy for the 2019 general elections. This was promised during the historical Padayatra by Jaganmohan Reddy and the new government took it up as a challenge. The entire agriculture department had been working hard to select the beneficiaries and ensure that the money is paid directly into their bank accounts, when the chief minister presses the button in Nellore on Tuesday.