Government of Andhra Pradesh is implementing YSR Rythu Bharosa - PM Kisan Scheme for the benefit of farmers of Andhra Pradesh.

Which of the following statements are correct about the above scheme?

Key Points

• Under the YSR Rythu Bharosa - PM Kisan Scheme, a financial assistance of Rs. 13,500 is provided to each farmer's family every year.
• The assistance is given in three instalments, ensuring timely support for farmers throughout the year.
• The Government of Andhra Pradesh contributes Rs. 7,000 while the Government of India provides Rs. 6,000 as part of the scheme.
• The scheme aims to provide financial security and improve the livelihood of farmers in Andhra Pradesh.

Additional Information

• YSR Rythu Bharosa
  • YSR Rythu Bharosa is a welfare scheme launched by the Government of Andhra Pradesh for the benefit of farmers.
  • The scheme aims to provide financial assistance to farmers to support their agricultural activities and ensure their economic stability.
  • It was launched on 15 October 2019 by Chief Minister Y. S. Jagan Mohan Reddy.
  • Under the scheme, eligible farmer families receive Rs. 13,500 per year, which includes the amount provided under the central government's PM Kisan Scheme.
• PM Kisan Scheme
  • Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a central sector scheme launched by the Government of India.
  • It was launched on 24 February 2019 to provide income support to all landholding farmer families across the country.
  • Under this scheme, Rs. 6,000 per year is provided to farmers in three equal instalments of Rs. 2,000 each.
  • The scheme aims to supplement the financial needs of farmers in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income.