Hello friends! Today we have presented a different example of the first installment of a scheme of the Government of Andhra Pradesh that is going to benefit the farmers. Today’s article is YSR Rythu Bharosa 2023-24. It will tell you how you can apply for this scheme, for whom the scheme is effective, and the total amount of money received directly by the farmers in this scheme. All these things will be available to you through the official website as well. The scheme was launched by Andhra Pradesh Chief Minister YS Jagan Mohan Reddy for the fifth year to provide financial assistance to farmers under YSR Rythu Bharosa 2023-2. You have to read this article till the end to get information about this scheme in detail.
YSR Rythu Bharosa 2023-24
The Andhra Pradesh government has launched the YSR Rythu Bharosa 2023–24 scheme for farmers. In fact, I am telling you that through the scheme, which has been implemented by the chief minister of Andhra Pradesh, such farmers who are landless or marginal farmers will receive monetary support.
The scheme aims to provide Rs 13,500 to each farmer in a financial year. Along with the YSR Rythu Bharosa 2023–24 scheme, 6,000 per annum is provided to the farmers of Andhra Pradesh under the PM Kisan Samman Nidhi on behalf of the Central Government. Under this scheme, money is transferred directly to the farmers’ accounts through DBT.
YSR Rythu Bharosa Status 2023 Overview
| Article Title | YSR Rythu Bharosa 2023-24 |
| Department | Department of Agriculture and farmer Welfare |
| Launched by | Chief Minister of Andhra Pradesh Mr. Jagan Mohan Reddy |
| Start date | 15 October 2019 |
| 1st and 2nd Installment release date | 15 may 2020, Oct 2020 |
| Scheme Benefits | Rs. 13500 per annum for 5 years |
| Website | ysrrythubharosa.ap.gov.in |
YSR Rythu Bharosa Scheme Payment for 2023-24
Here, we would like to clarify that this scheme was launched on October 15, 2019. Under this scheme, initially, about Rs. 6162.45 crore was distributed among 4,500,000 farmers, out of which Rs. 2525 crore was distributed by the Central Government and the rest The amount, which amounts to Rs 3637.45 crore, was generated by the State Government.
According to the YSR Rythu Bharosa Scheme Payment for 2023–24, Rs 6750.67 crore was distributed by the Government of Andhra Pradesh in the second year, in which 49.40 lakh farmers received direct benefits, out of which Rs 3784.67 crore was distributed by the State Government and Rs 2966 crore was distributed by the Central Government under the PM Kisan Yojana.
Thus, a total of Rs.13,500 is transferred to the accounts of farmers in each financial year under YSR Rythu Bharosa 2023–24 and PM Kisan Samman Nidhi by the State and Central Governments. You have to read this article till the end to know the details regarding the YSR Rythu Bharosa Scheme Payment for 2023-24.
Installment of the YSR Rythu Bharosa Scheme Released
YSR Rythu Bharosa 2023–24 was launched to provide financial assistance to farmers. The second installment was paid under the YSR Rythu Bharosa scheme on October 26, 2021. Besides, the government also launched the YSR Zero Interest Loan and the YSR Yantra Seva Scheme. It happened on October 26. It may be mentioned that the Installment of the YSR Rythu Bharosa Scheme was released, as well as the benefit amount, which was transferred directly to the bank accounts of the beneficiaries.
If we look at the data given by the government, we see that so far, Rs 18777 crore has been transferred to the accounts of farmers through these two schemes. The government’s scheme is being seen as an important achievement for the farmers, which has not only benefited them financially but also socially and mentally.
YSR Bharosa All Three Phase Details
| First Installment | Second Installment | Third Installment | Total |
| Rs. 2000 Rs 5500 | Rs. 4000 | Rs. 2000 | Rs. 13500 |
| Till May 2020 | 27 October 2020 | Jan 2021 | Till end of 2020 |
Benefits of YSR Rythu Bharosa Scheme
The main benefit of this scheme is that the framers of the state get loans at 0% interest. In each financial year, Rs. 13,500 is transferred directly to the bank accounts for financial assistance to the farmers. Thus, a payment of Rs. 67,500 is made available to each family during the entire five years.
Farmers are provided 9 hours of free electricity in 1 day, and those who are landless farmers are provided ₹2500 per annum separately, i.e., ₹6000 by the Central Government, ₹5500 by the Andhra Pradesh State Government, and ₹2500 per annum is provided to landless farmers under the benefits of the YSR Rythu Bharosa Scheme and is also insured by the government. Farmers under this scheme do not have to pay road tax for tractors.
Go to homepage click here
FAQs Related to YSR Rythu Bharosa 2023-24
What is the official website for YSR Rythu Bharosa 2023–24?
The official website for Andhra Pradesh’s YSR Raithu Bharosa 2023 is @ysrrythubharosa.ap.gov.in.
What is the total amount of funds provided under the Andhra Pradesh YSR Raithu Bharosa 2023 Scheme during each financial year?
A total of Rs.13,500 is provided as financial assistance under the YSR Raithu Bharosa Scheme during each financial year.
How can I check the YSR Raithu Bharosa Payment Status 2023 online?
To check the YSR Raipur Bharosa Payment Status 2023 online, you have to follow the steps mentioned in this article.