Jagan paid Rs. 510 crores to farmers towards zero interest loan

Andhra News, News

Vijayawada: AP CM Y.S. Jagan Mohan Reddy paid Rs. 510 crores to nearly 14.6 lakh farmers across the state towards zero interest loans. He launched the payment directly into the bank accounts of farmers on Tuesday from his camp office at Tadepally.

Speaking on the occasion YS Jagan said you have seen a party and it’s Government which betrayed the farmers on loan waiver and other promises. Now you are witnessing another party fulfilling all its promises, even during the Covid- 19 crisis. This is our commitment to farmers, said YS Jagan.

He also said Rs. 132 crores has been released towards input subsicidy to farmers. Even the interest on crop loans is being paid by the Government, he added. The Government is also paying Rs. 15K to each farmer under Rythu Bharosa, besides zero interest loan and other incentives.

The Government is also giving free borewells, paying premium for crop insurance, providing nine hours of quality power supply during day time, besides other benefits, he said.

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