Jagan distributes farm machinery worth Rs 361 cr under YSR Yantra Seva scheme
The Chief Minister directly released Rs. 125.48 crores of subsidy into the bank accounts of the farmers’ groups
By Newsmeter Network Published on 2 Jun 2023 10:23 AM GMT
Guntur: Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy distributed tractors, combine harvesters, and other farm machinery worth Rs. 361.29 crores under the second phase of the YSR Yantra Seva Scheme here on Friday.
He also formally launched 4,019 YSR Yantra Seva Kendras.
Handing over 2,562 tractors, 100 combine harvesters, and 3,573 farm machines to the RBKs-attached farmers’ groups, the Chief Minister said a 40% subsidy would be given on the purchase of these machines while 50% of the cost will be arranged through loans and the groups are asked to pay 10% of the cost.
The Chief Minister directly released Rs. 125.48 crores of subsidy into the bank accounts of the farmers’ groups.
The tractors and harvesters will be at the disposal of 10,444 RBKs, he said, adding that cluster-level community hiring centres (CHCs) will supervise the operations.
He said the government handed over 3,800 tractors, 391 combine harvesters, and 22,580 farm machines worth Rs. 690.87crores to farmers’ groups working under 6,525 RBKs in the first phase with a subsidy of Rs. 240.67 crores, besides setting up 391 CHCs.
The scheme aims at reducing the cost of cultivation and enhancing farmers’ income through mechanisation, he said, adding that tractors, harvesters, and other machines can be hired by farmers for lesser rents.
The government will also launch the YSR Yantra Seva app and farmers can seek the services with the help of the app which can be accessed at RBKs, he said.
The Chief Minister said sprayers, tarpaulins, and breeders will be distributed in October and 7 lakh farmers will be benefited.
