AP Government will provide OTS scheme to APHC beneficiaries

Andhra News, News

Vijayawada: AP Cabinet took a decision to implement one time settlement scheme for all the people who have availed housing loans from the APHC Ltd between 1983 and August 15, 2011. After the Cabinet meeting, the I & PR Minister Perni Nani disclosed the Cabinet decisions to the media persons an amount of Rs 10K has been fixed for OTS in the rural areas, it is Rs 15K in municipalities and Rs 20K in corporations.

        Andhra Pradesh Cabinet on Friday decided to implement the sub plan for minorities at par with SC, ST and BCs. Jagan took welfare decisions in the Cabinet meeting which was chaired by him. The borrowers can avail the OTS scheme by paying the prescribed amount till December 15th. He also said that the Revenue Department officials will register the land to the OTS scheme beneficiaries on December 21, 2021.

The Cabinet also decided to release the second installment of the YSR Asara programme, and the financial assistance of Rs 6,470.76 crore will be given to women in 8,00,042 self help groups. The Cabinet also approved moving ahead on proposals with the Solar Energy Corporation of India to implement 10,000 MW solar power project to supply 9 hour day time free power to farmers on a sustainable basis for the next 30 years, at a rate of Rs 2.49 per unit, he said.

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