Vastavam web: Farmers in Andhra Pradesh will get annual financial support of Rs 12,500 each as the new YSR Congress Party (YSRCP) government in the state has decided to implement the “Rythu Bharosa” scheme from October. Chief Minister Y.S. Jagan Mohan Reddy said on Thursday that the scheme, which would come into effect from October 15, will cost the state exchequer Rs 13,125 crore.
He said though the scheme was supposed to come into force from May next year, he has decided to implement it from October 15 this year. Jagan also announced the scrapping of the previous Telugu Desam Party (TDP) government’s scheme “Annadata Sukhibhavaa”, which promised to provide Rs 10,000 to every farmer annually. Stating that the farmers will be the priority for his government, Jagan said the government was of no use if it failed to take care of the farmers.