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Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on September 11 launched the ‘YSR Aasara’ programme aimed at “empowering women economically and socially”.Under the YSR Aasara scheme, Andhra Pradesh government will reimburse outstanding bank loans of self-help groups as on April 11, 2019, in four instalments.As promised in the election manifesto, the Chief Minister has launched the YSR Aasara scheme. Out of the total outstanding dues of Rs 27,168 crore, the first instalment of Rs 6,792 crore has been deposited in the bank accounts of 8.71 lakh SHGs, benefiting over 87 lakh women across the state.
According to an official release, the state government has released Rs 6,792.20 crores towards the first installment of the total due of Rs 27,168.83 crores to banks of 87,74,674 women belonging to 8.7 lakh Self Help Groups (SHG) in a virtual meeting with all district collectors and some of the beneficiaries.Andhra Pradesh Chief Minister YS Jaganmohan Reddy launched ‘YSR Aasara’ scheme as a step to empower women economically and socially. A total of Rs 6,792.20 crores disbursed as the first installment of the total due of Rs 27,168.83 crores to bank accounts of 87,74,674 women belonging to 8.7 lakh SHGs.