AP CM Jagan Mohan Reddy Releases Rs. 123.52 Crore Under YSR Matsyakara Bharosa

Hyderabad: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy released Rs. 123.52 crores under the YSR Matsyakara Bharosa. A sum of 10,000 each would be credited directly into the bank accounts of the beneficiary families.

In addition, the Chief Minister provided Rs. 107.91 crore in aid to 23,458 fishing families who had lost their livelihoods due to ONGC pipeline construction in the Konaseema and Kakinada districts. He also lay the 417 crore rupee foundation stone for the Nizampatnam fishing harbor.

After the release of YSR Matsyakara Bharosa, Chief Minister YS Jagan Mohan Reddy addressed the public meeting and said, “The present Government is giving Rs. 9 subsidies on purchase of diesel incurring an annual expenditure of Rs. 25 crores, whereas the TDP Government provided only Rs. 6 subsidies on diesel purchase by fishermen for operating their boats.” Adding he said that the ex-gratia to the kin of the diseased fishermen families has been increased to Rs. 10 lakh from Rs. 5 lakh given during the TDP rule.

He further added that in order to pay off the outstanding arrears of Rs. 451 crores left by the TDP regime, the government spent Rs. 2,792 crores on providing energy to aqua farmers at a subsidized cost of Rs. 1.50 per unit.

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