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YSR Sunna Vaddi

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YSR Sunna Vaddi
Type of projectGovernment Welfare Scheme
LocationAndhra Pradesh, India
FounderGovernment of Andhra Pradesh
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Chief MinisterY. S. Jagan Mohan Reddy
MinistryDepartment Of Municipal Administration and Urban Development
Established24 April 2020 (2020-04-24)
StatusActive
Websitehttps://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[edit]

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[edit]

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[edit]

  1. "Y S Jagan Mohan Reddy credits Rs 1,109crore under YSR Sunna Vaddi | Vijayawada News - Times of India". The Times of India. 2021-04-24. Retrieved 2021-09-26.
  2. "'YSR Sunna Vaddi' scheme to benefit 8.78 lakh women SHGs". The Hindu. 2020-04-24. ISSN 0971-751X. Retrieved 2021-09-26.
  3. "₹1,109 crore credited into accounts of SHG women under YSR Sunna Vaddi". The Hindu. 2021-04-23. ISSN 0971-751X. Retrieved 2021-09-26.
  4. "YSR Zero Interest Scheme: వరుసగా రెండో ఏడాది మహిళలకు 'వైఎస్సార్ సున్నా వడ్డీ' పథకం.. నేడు జమ చేయనున్న సీఎం జగన్". TV9 Telugu (in తెలుగు). 2021-04-23. Retrieved 2021-09-26.
  5. "సీఎం జగన్‌కు రుణపడి ఉంటాం: డ్వాక్రా మహిళలు". Sakshi (in తెలుగు). 2020-04-24. Retrieved 2021-09-26.
  6. "Every woman in AP must become a lakhier, says CM Jagan". Deccan Chronicle. 2021-04-24. Retrieved 2021-09-26.


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