AP CM seeks support of bankers to strengthen rural economy

Vastavam web: AP CM YS Jagan urged the bankers to extend their support in implementing government welfare schemes and help in strengthening the rural economy. Speaking at the 212th State Level Bankers Committee (SLBC) meeting held here on Friday, the Chief Minister said that prioritising the farmers and strengthening the villages were the top priority of the government. The Chief Minister said that the government has been successfully implementing PM Kisan-YSR Rythu Bharosa schemes by providing Rs 13,500 to farmers in three spells.

He said that it is mandatory for the farmers to have an e-cropping certificate to avail of crop insurance and zero-interest loans in order to avoid corruption. The Chief Minister said that the government introduced a market intervention fund and procured crops by paying a Minimum Support Price with Rs 3200 crore. He said that this year the market intervention fund is going to be about Rs 3500 crore. In the next three years, the state government targeted to spend Rs 13,000 crore to strengthen the medical infrastructure and health services in the State, he said.