Amaravati: The Andhra Pradesh government has announced that the first tranche of industrial incentives of around Rs 450 crore to micro, small and medium enterprises (MSMEs) would be given on May 22, 2020.
The second tranche of Rs 454 crore would be cleared on June 29, 2020. The state government had announced earlier that it will clear 50 per cent of all pending industrial incentives of Rs 904 crore to the MSMEs to encourage them to reopen their business affected due to the lockdown.
The state government will launch Rythu Bharosa Kendras on May 30. These units will serve as a one-stop window to all agriculture and allied fields, for the benefit of farmers. In addition to this, a Rs 10,000 crore YSR Vahana Mitra scheme is expected to be launched on June 4 to extend financial assistance to auto rickshaw and cab drivers.
Another new scheme, Jaganna Chedodu is scheduled to be launched on June 10, 2020. The scheme aims to provide Rs 10,000 per annum financial assistance to Nayi Brahmins, tailors and Rajakas operating small businesses.
Moreover, financial assistance under YSR Nethanna Nestham scheme has been declared to assist the weavers. “All pending bills of the Andhra Pradesh State Handloom Weavers Cooperative Society (APCO) will be cleared on June 17, 2020,” the government said.
The state government is scheduled to give Rs 15,000 per annum to Kapu community women between the age of 45 and 60 years, under YSR Kapu Nestham scheme on June 24, 2020.
Apart from this, the state government, on May 26, is expected to distribute a one-time special financial aid of Rs 5,000 to priests, imams, and pastors, who are performing daily pujas and rituals during the lockdown.