Finance:YSR Sunna Vaddi
| YSR Sunna Vaddi | |
|---|---|
| Type of project | Government Welfare Scheme |
| Location | Andhra Pradesh, India |
| Founder | Government of Andhra Pradesh |
| Chief Minister | Y. S. Jagan Mohan Reddy |
| Ministry | Department Of Municipal Administration and Urban Development |
| Established | 24 April 2020 |
| Status | Active |
| Website | https://apmepma.gov.in/ysrsv/ |
YSR Sunna Vaddi is a welfare program launched by the Government of Andhra Pradesh to assist women from Self Help Groups (SHGs) by providing zero interest loans[1]
Development
The scheme was launched by Chief minister of Andhra Pradesh Y. S. Jagan Mohan Reddy on 24 April 2020 where ₹1,400 crores was deposited in the accounts of 8.78 lakhs Self help groups with 91 lakh beneficiary women.[2]
The second phase of YSR Sunna Vaddi was launched on 23 April 2021 where ₹1,109 crores[3] was credited into the accounts of 1.02 crore beneficiaries.[4]
The scheme
YSR Sunna Vaddi scheme was introduced to financially assist women of below poverty line by providing them loans with zero interest. [5]
Women with outstanding loans up to ₹5 Lakh in both urban and rural banks have been considered eligible to avail the scheme.[6]
References
- ↑ "Y S Jagan Mohan Reddy credits Rs 1,109crore under YSR Sunna Vaddi | Vijayawada News - Times of India" (in en). 2021-04-24. https://timesofindia.indiatimes.com/city/vijayawada/jagan-credits-rs-1109cr-under-ysr-sunna-vaddi/articleshow/82220917.cms.
- ↑ "'YSR Sunna Vaddi' scheme to benefit 8.78 lakh women SHGs" (in en-IN). The Hindu. 2020-04-24. ISSN 0971-751X. https://www.thehindu.com/news/national/andhra-pradesh/ysr-sunna-vaddi-scheme-to-benefit-878-lakh-women-shgs/article31427713.ece.
- ↑ "₹1,109 crore credited into accounts of SHG women under YSR Sunna Vaddi" (in en-IN). The Hindu. 2021-04-23. ISSN 0971-751X. https://www.thehindu.com/news/national/andhra-pradesh/1109-crore-credited-into-accounts-of-shg-women-under-ysr-sunna-vaddi/article34396613.ece.
- ↑ "YSR Zero Interest Scheme: వరుసగా రెండో ఏడాది మహిళలకు 'వైఎస్సార్ సున్నా వడ్డీ' పథకం.. నేడు జమ చేయనున్న సీఎం జగన్" (in te). 2021-04-23. https://tv9telugu.com/andhra-pradesh/cm-ys-jagan-will-launch-ysr-zero-interest-loan-for-womens-today-459482.html.
- ↑ "సీఎం జగన్కు రుణపడి ఉంటాం: డ్వాక్రా మహిళలు" (in te). 2020-04-24. https://www.sakshi.com/news/andhra-pradesh/dwakra-women-we-owe-cm-ys-jagan-mohan-reddy-1280417.
- ↑ "Every woman in AP must become a lakhier, says CM Jagan" (in en). 2021-04-24. https://www.deccanchronicle.com/nation/politics/230421/every-woman-in-ap-must-become-a-lakhier-says-cm-jagan.html.
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