YS Jagan To Launch YSR Zero Interest Loan Scheme

April 22, 2020 18:02
YS Jagan To Launch YSR Zero Interest Loan Scheme

(Image source from: Twitter.com/AndhraPradeshCM)

YS Jagan To Launch YSR Zero Interest Loan Scheme:- The Andhra Pradesh government announced that it would offer interest free loans for DWCRA women associations. AP Chief Minister YS Jaganmohan Reddy himself announced the news that the loans would be provided under YSR Zero Interest Loan scheme. The government of Andhra Pradesh decided to deposit Rs 1400 crores into the accounts of the DWCRA societies under this scheme on April 24th. Around 90 lakh women will be benifited with this in 8.78 lakh DWCRA societies.

Along with this, the government of Andhra Pradesh also decided to pay the full fee reimbursement for 11.50 lakh poor students of Andhra Pradesh. YS Jagan asked the officials so that the funds would be released for the students on next Monday. YSR Zero Interest Loan scheme is a prestigious project that is named after late YS Rajasekhar Reddy before the division of the state. It was later neglected and YS Jagan revived the project after YSRCP took charge in Andhra Pradesh. YSR Zero Interest Loan scheme would turn out to be a huge benefit for several women across Andhra Pradesh.

The funds of the fees reimbursement are due on April 27th and will be released next Monday. The fee reimbursemnt amount would be credited to the accounts of the student's mother for all the poor students.

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