YSR Nethanna Nestham to Benefit 70 K Weavers in AP

AMARAVATI: Among the key decisions taken at the Andhra Pradesh Cabinet Meet on Friday, Perni Venkatramaiah said, the Cabinet has approved to launch YSR Nethanna Nestham scheme for providing Rs 24,000 per annum to every weaver family who owns a handloom, on August 10. This will be the third consecutive year the AP Government will be providing the benefits under the scheme for four lakh weavers, at an expenditure of Rs 200 crore.

As many as 69,225 weavers would get Rs 166.14 crore under the YSR Nethanna Nestham scheme in 13 districts of Andhra Pradesh. The government is making arrangements for the deposit of amounts directly into the accounts of weaver beneficiaries.

He said the State Government has already distributed compensation of Rs 238,00,70,000 to 3,40,000 Agri Gold victims who have deposited less than Rs 10,000 and the state cabinet has approved to clear payments of Rs 500 crore to 4 lakh Agrigold victims, who had deposited less than Rs 20,000, on August 24.