Friday, Oct 4 2024 | Time 01:12 Hrs(IST)
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States » South


AP CM flags off tractors, harvesters

Guntur, June 3 (UNI) Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy formally flagged off tractors, combine harvesters and other farm machinery worth Rs 361.29 crore under the second phase of the YSR Yantra Seva Scheme here. The Chief Minister also formally launched 4019 YSR Yantra Seva Kendras.
Handing over 2562 tractors, 100 combine harvesters and 3573 farm machines to the RBKs-attached farmers’ groups, the Chief Minister said that 40 % subsidy would be given on purchase of these machines while 50 % of the cost is arranged through loans and the groups are asked to pay 10 per cent of the cost.
The Chief Minister directly released Rs.125.48crore of subsidy into the bank accounts of farmers’ groups with the click of a button on Friday. The tractors and harvesters would be at the disposal of 10,444 RBKs, he said, adding that cluster-level community hiring centres (CHCs) would supervise the operations.
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