Andhra Pradesh govt to add 7 lakh beneficiaries to YSR Pension scheme

Jagan Mohan Reddy-led Andhra Presh government anunced that 7 lakh more beneficiaries would be ded under YSR Pension scheme from January 2020, on Monday, October 14. It also promised to make women self-help groups (Podupu Sangams) debt-free. Panchayat Raj and Rural Development Minister Peddireddy Ramachandra Reddy confirmed this at a review meeting on District Rural Development ncy Project Directors held at Society for Elimination of Rural Poverty (SERP) office in Vijayawa. Furrmore, he stated that loans of Podupu Sangams would be waived off. 

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minister said, "7 lakh more beneficiaries will be ded to YSR Pension scheme from January 2020.  government will clear Rs 27, 186 crore dues to banks taken by 9.33 lakh Women Self Help Groups (Podupu Sangams) and make m debt-free. DRDA PDs must go on fieldwork for 15 days every month. officials should monitor execution of prestigious 'Navaratnalu' scheme, rural development projects and various or government schemes in state.” He ded, "9.33 lakh Podupu Sangams in state have to pay loan amount of Rs 27,168 crore. Women will be relieved from this debt. By April 11, this financial year, women have to pay Rs 1,823 crore; government is also rey to bear this burden. For interest of first 5 months, Rs 760 crore will be directly deposited in loan accounts.” 

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Budget to be increased 

On this occasion, government also signalled its intention to increase budget for women's self-help groups. 

“ budget for self-help groups will be increased to Rs 1,800 crore from Rs 900 crore under woman treasury. Financial assistance that is given for women will be increased to one lakh from Rs.50,000," minister remarked.

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YSR Pension scheme

YSR Pension scheme was launched on May 30, 2019, after Jagan Mohan Reddy assumed office as Chief Minister. State government t only enhanced pension amount but also reduced criteria for old- pension. Under this scheme, old persons, widows, toddy tappers, weavers, single women, fishermen, and tritional cobblers will receive Rs 2,250 per month. While differently-abled persons are granted Rs 3,000 per month, people affected with chronic kidney disease and those undergoing dialysis in government hospitals are entitled to a monthly sum of Rs 10,000.

(With ANI inputs)

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