YSR Zero Interest Loan Scheme 2023
YSR Zero Interest Scheme 2023: We will go over all the key details of the YSR Zero Interest Loan Scheme 2023, which was just introduced by the chief minister of the state of Andhra Pradesh, in this post. All of the benefits that will be given to DWCRA affiliations throughout the state of Andhra Pradesh will be shared with you. The Chief Minister has offered financial support to all of the affiliations. The eligibility requirements and list of documents needed are provided in this post, along with step-by-step instructions on how to apply for the plan on your own.
YSR Zero Interest Scheme 2023
The Andhra Pradesh government had stated in its political proclamation that it will find a means to support the DWCRA associations and self-improvement groups. Typically, women manage and regulate these bodies. The Andhra Pradesh authorities have now announced a new credit plan to provide these organizations with financial assistance. The YSR Zero Interest Loan Scheme will soon be put into effect, according to the state’s chief minister. These women’s affiliations will be strengthened, enabling them to respond to the COVID-19 pandemic.
YSR Zero Interest Loan Scheme Details in Hindi
YSR Zero Interest Loan Scheme आंध्र प्रदेश सरकार द्वारा शुरू की गई एक योजना है जिसके तहत किसानों, माइक्रो, स्मॉल एंड मीडियम इंटरप्राइजेज, श्रमिकों और मजदूरों को बिना ब्याज के ऋण प्रदान किए जाते हैं। इस योजना का मुख्य उद्देश्य आर्थिक रूप से कमजोर वर्ग को सहायता प्रदान करना है। इस योजना के तहत सरकार करीब 6000 करोड़ रुपये का ऋण प्रदान करने की योजना बना रही है। इस योजना के अंतर्गत सभी उद्यमियों को ऋण प्रदान किया जाएगा, जो बैंकों द्वारा मंजूर किए जाएंगे। इसके अलावा, योजना के तहत प्रदान किए गए ऋणों को विभिन्न अंतिम तिथियों तक वापस करने का भी विकल्प है। इस योजना से देश की आर्थिक स्थिति में सुधार होने की उम्मीद है।
Details of YSR Zero Interest Loan Yojana 2023
|Name of the Scheme||YSR Zero Interest Scheme 2023|
|Benefits for||Self-help groups and DWCRA Women Associations|
|Launched By||YSR Jagan Mohan Reddy|
|Objective||Providing monetary help|
Benefits Of the YSR Zero Interest Scheme
The beneficiaries will receive interest-free credit when the policy is used. The funds can be used by the groups to expand their services. The strategy for providing financial support to DWCRA affiliations has been developed. The members of women’s self-improvement groups will also be eligible to apply and advance under this scheme. In accordance with this proposal, there won’t be any interest applied to the candidates who receive state government credit. The state’s chief minister has further determined that the power will cover all of the pupils’ tuition costs. Around 11.50 lakh students will benefit from it.
Implementation Of YSR Zero Interest Loan
According to the state reports, the Zero Interest Loan Plan will truly benefit up to 90 lakh women who are connected to the various DWCRA affiliations. In addition, the proposal will provide financial support to numerous self-improvement groups. Through DBT, the credit amount approved for self-improvement gatherings and DWCRA affiliations will be saved in the relevant financial balances. According to state media, the legislature recently disbursed an amazing sum of Rs. 1400 crore.
59661 Women Benefited Under The Scheme
Every year, the Andhra Pradesh government deposits money into the bank accounts of the recipients who were overlooked. In general, this money is transferred into their account twice a year, in June and December. This time, on December 28, the government transferred the cash into the recipients’ bank accounts. In accordance with various benefit programs, 9.30 lakh recipients have received deposits totaling about Rs 703 crores. The Andhra Pradesh chief minister has deposited Rs 53.51 crore into the bank accounts of 59661 women as part of the YSR Zero Interest Loan Scheme. On this occasion, the government has also emphasized that despite a lack of funding, it has continued to carry out a number of welfare programs.
Budget For YSR Zero Interest Loan
The state budget for the fiscal year 2021 was presented by Finance Minister B. Rajendranath Reddy on Tuesday at the state assembly in Velagapudi. Even after the financial strain brought on by the COVID-19 issue, the AP Government continues to allocate cash for all schemes. The finance minister stated that while combating COVID is a top priority, welfare programs are equally crucial. To assist the women who are affiliated with self-help groups, the government has earmarked Rs 1,365.08 crore in the state budget for the YSR Zero Interest Loan Scheme.
YSR Zero Interest Loan Scheme Eligibility Criteria
To be eligible for the 0% loan programme, an applicant must meet the following requirements:-
- Only Andhra Pradesh women are eligible for the programme.
- The candidate must be in possession of a valid bank account number.
- The candidate must reside in the state of Andhra Pradesh.
- A candidate must be a member of a self-help organization or DWCRA group for women.
Application Procedure Of YSR Zero Interest Loan Scheme 2023
- First of all, one has to visit the official website of the YSR Zero Interest Loan Scheme.
- After this, the home page will open in front of you.
- On this homepage, you have to click on the option “Apply Now.”
- In this case, an application form will open in front of you.
- All the necessary details, like your name, mobile number, email address, etc., have to be entered in this application form.
- Now you have to upload all the required documents.
- After this, you have to click on “submit.”
- By following this process, you can apply under the YSR Zero Interest Loan Scheme.
|PMHelpline Homepage||Click Here|