AP YSR Zero Interest Loan Scheme for Farmers | YSR Zero Interest Loan Scheme Status Check | Zero Interest Loan Scheme | YSR Zero Interest Loan Scheme Apply Online
In our nation, many schemes are began to provide help to the poor citizens of the nation, equally the Chief Minister of Andhra Pradesh has began this scheme. The primary goal of this scheme is to provide interest-free loans to girls in the state. Women in rural areas and related with or related with the Development of Children (DWCRA) are also included through this scheme launched by Andhra Pradesh Chief Minister Jagan Mohan Reddy. According to a report by the government, an quantity of INR 1400 crore was released by the government for reimbursement of mortgage curiosity of about 91 lakh girls hooked up to or affiliated with DWCRA or SHGs (Self Help Groups) about 8.78 lakh Self Help Groups in the state have been benefited by this scheme. [Also Read- navasakam.ap.gov.in: AP YSR Navasakam Scheme Official Website]
YSR Zero Interest Loan Scheme 2022
YSR Zero Interest Loan Scheme has been launched in April 2020 and the main goal of this scheme is to empower the eligible and deserving girls in the state by offering them support, beneficiaries of this scheme will get 0 % curiosity mortgage by the Andhra Pradesh government as a result of the curiosity quantity of the mortgage will be taken care of by the state government. In this explicit article we have lined every important element of this scheme like the application process of the scheme, eligibility criteria of the scheme, all the advantages offered to the girls of the state, and many other important info that you can do. There is no danger of lacking out, so be sure you read the complete article to get the most out of this Scheme. [Also Read-(Apply) YSR Free Crop Insurance Scheme 2021: Apply Online, Status Check]
Benefit of 59661 Women Under this Scheme
The facility of quantity in the financial institution accounts of the beneficiaries of Andhra Pradesh is offered every year by the Government of Andhra Pradesh. This quantity is transferred to the financial institution accounts of the beneficiaries in the months of June and December of the year, however this year on 28 December 2021, the beneficiaries have been made conscious of their quantity. Under various welfare schemes, Rs 703 crore has been distributed in the financial institution accounts of 9.30 lakh beneficiaries. Under the YSR Zero Interest Loan Scheme, 59661 girls have been contributed Rs 53.51 crore in their financial institution accounts by the Chief Minister of Andhra Pradesh. Keeping this in thoughts, it has been said by the government that due to paucity of funds, various welfare schemes cannot be began. (*14*)
YSR Zero Interest Loan Budget
Finance Minister B. Rajendranath Reddy offered the Velagapudi state budget for the financial year 2021 on Tuesday in the state meeting. The AP government does not take any steps in allocating funds for any scheme after the financial stress due to the COVID-19 disaster. Through the launch of this, the Finance Minister said that dealing with Kovid is a precedence however welfare schemes are also very important. The AP government has allotted Rs 1,365.08 crore in the state budget for the YSR Zero Interest Loan scheme to help girls. [Also Read- AP Ration Card Status 2021-22: Download aepos.ap.gov.in Ration Card List]
Overview of YSR Zero Interest Loan Scheme
|Scheme Name||YSR Zero Interest Loan Scheme|
|Launched By||CM Jagan Mohan Reddy|
|Beneficiaries||Self-help teams and DWCRA Women’s Associations|
|Category:||Andhra Pradesh Govt. Scheme|
Objectives of AP YSR Zero Interest Loan Scheme
YSR Zero Interest Loan Scheme has been launched by the Government of Andhra Pradesh. The primary goal of starting this scheme is that under this scheme the girls of the state should be made financially empowered and at the same time the feeling of self-reliance can also be created in them. This scheme has been began primarily for the profit of girls belonging to Self Help Groups (SHGs) and DWCRA (Development of Rural Area Women and Children) associations. Under this scheme, loans will be made available to girls at zero rate of interest to start their personal enterprise. Women will also be offered employment opportunities in many sectors through this scheme. Women will no longer need to rely on anybody to start their personal work. Through this scheme, she will be ready to start her work easily through the zero-interest recorded mortgage. [Also Read- Jagananna Thodu Scheme 2022: Apply Online, Beneficiary List, Status]
The following date has been mounted by the involved department to start the process of 0 curiosity mortgage scheme.
|Date of implementation||twenty fourth April 2020|
|Fund launch date||twenty seventh April 2020|
Implementation Of YSR Zero Interest Loan Scheme
With the implementation of zero curiosity mortgage scheme, round 90 lakh girls who belong to self-help teams will profit from curiosity free loans. Women will be given financial help for their empowerment and financial independence. The scheme will help a whole of 90,37,254 single girls who are half of self-help teams unfold throughout the state. This massive help will be given for the betterment of girls. [Also Read- YSR Kapu Nestham Scheme 2021 | Apply Online, Beneficiary List, Status]
YSR Zero Interest Loan Scheme 2022 Update
The Chief Minister of Andhra Pradesh has released Under the YSR Zero Interest Loan Scheme, 14.58 lakh farmers will be benefited by an curiosity subsidy of Rs 510 crore for Kharif crops throughout the state. Also, a subsidy of Rs 132 crore has been released for the injury brought on due to heavy rains in October 2022. He also introduced that crop mortgage insurance coverage claims would be paid to 1800 crore farmers by December. This scheme will encourage farmers to repay crop loans to get curiosity in the previous. (*3*)
Amount Already Transferred Under the Scheme
The scheme in direction of compensation of premium quantity on credit score has been formally launched by the Chief Minister of Andhra Pradesh by transferring Rs 1400 crore in cash on the internet. When the button on the internet was pressed by the union minister, the quantity was electronically transferred to 8,78,874 information of the DWCRA bunch falling under the ward of SERP and MEPMA. This will profit 90,37,254 girls of Andhra Pradesh who are a half of self-improvement DWCRA conferences unfold throughout the state. Such a launch of the scheme was named in a grand method. [Also Read- Amma Vodi List 2022: Check Final Eligibility List, Payment Status]
Benefits of YSR Zero Interest Scheme
- Under this Scheme, the state government will give loans to the applicants through the coverage for which all those applicants will not have to pay any curiosity.
- All the conferences of the Andhra Pradesh state can use this economic benefit to improve their administration.
- According to the state government, it is being advised that under this Scheme, financial help has been began for DWCRA affiliation.
- Individuals from girls’s self-improvement conferences will be eligible to apply and obtain advances.
- The Chief Minister of Andhra Pradesh has also concluded that the entire school bills will be paid for the college students. About 11.50 lakh college students will be benefited by this scheme.
Women Welfare Schemes in AP
Many varieties of schemes are began by the state government from time to time for the profit of girls. YSR Zero Interest Loan Scheme is at present being run in Andhra Pradesh. These schemes launched by the government have been concluded by us.
YSR Kapu Nestam Pathakam
Under YSR Kapu Nestam Scheme, girls belonging to Kapu, Ontari, Balija and other sub-communities whose age ranges from 45 to 60 years will be thought-about eligible under this scheme. An quantity of Rs 15000 per year will be allotted to these beneficiaries through this scheme for a period of 5 years. Under this scheme, girls belonging to these sections will have a feeling of turning into empowered to elevate their commonplace of dwelling. [Also Read- IGRS AP – Search Encumbrance Certificate (EC) at registration.ap.gov.in]
YSR Cheyutha Scheme
A brand new scheme has been launched by the Government of Andhra Pradesh, which has been recognized as YSR Cheyutha Yojana. Through this scheme, girls will be inspired to be empowered. Under this scheme, girls belonging to minority group, scheduled caste, scheduled tribe or other backward lessons will be allotted an quantity of 18,750 per year as financial help for a four-year time course. Under this scheme, only girls in the age group of 45 to 60 years will be thought-about eligible. YSR Cheyutha scheme has also been began contemplating it as the primary goal to improve animal enterprise. [Also Read- AP Marriage Certificate Registration: Application Form, Check Status]
YSR Sunna Vaddi Scheme
Another scheme YSR Sunna Vaddi has been launched by the Andhra Pradesh government for the welfare of girls. Under this scheme, interest-free loans will be offered to the previous girls of the state working in any self-help group. Women can become financially impartial through the scheme. To get the advantages under this scheme, it is mandatory for girls to belong to the BPL category. Along with this, the checking account of girls should not exceed the credit score limit of Rs 5 lakh. [Also Read- Amma Vodi List 2022: Check Final Eligibility List, Payment Status]
Jagannath Amma Vodik
Jagannath Amma Vodik has been launched by the Government of Andhra Pradesh. This scheme has been launched as a half of Navratnalu. Through this scheme, an quantity of Rs 15000 per year will be allotted to BPL girls for the schooling of her youngsters (if any of her youngsters are learning in class I to XII). All the youngsters chosen under this scheme are given recognition in government or non-public School throughout the state. Eligibility under this scheme will be offered to girls of all caste, creed, area or faith, no discrimination of any form will be done in opposition to any girl. [Also Read- YSR Asara Scheme: Apply Online, Beneficiary List & Status Check]
YSR Zero Interest Loan Scheme Eligibility Criteria
To avail this scheme, you will have to fulfill the given eligibility criteria as follows.
- The applicant must be a native of Andhra Pradesh state to take benefit of this scheme by the state government.
- Under this Scheme, the applicant should belong to Self Help Groups or DWCRA category of girls.
- This Scheme has been began only for the girls of Andhra Pradesh state.
- It is mandatory for every applicant of Andhra Pradesh state to have a checking account linked to Aadhar card in the financial institution.
- Bank Details
- aadhar card
- Photo ID proof
- SGH or DWCRA certificate
- passport measurement photograph
YSR Zero Interest Loan Scheme Application
If the citizens of Andhra Pradesh state need to apply under this scheme, then allow us to inform you that the state government has simply introduced under this scheme, at present, there is no need of any department regarding this Scheme. No info has been shared from both aspect. Information about the application under this scheme has not been given through any department, as soon as there is any replace under this scheme by the government, we will replace you through our website. (*5*)