On Tuesday, Andhra Pradesh Chief Minister Jaganmohan Reddy launched the YSR Yantra Seva Scheme and flagged off a massive tractor and combine harvester distribution at Chuttugunta Centre in Guntur district.

Rythu Bharosa Centres will have 3,800 tractors and 320 combine harvesters, according to the chief minister (RBKs). He used the direct benefit transfer (DBT) technique to credit a subsidy of Rs 175 crore into the bank accounts of 5,260 farmer groups.

He stated that the government is providing farmers with a 40% subsidy and loans for 50% of the machinery cost. The remaining 10% might be paid by the farmer's cooperative.

Jagan asserted that the government is committed to farmer welfare, saying that 10750 RBKs have been brought in to help farmers from seed to sale. Tractors and harvesters were among the farm equipment available. Each RBK would have a total of 10,750 YSR Yantra Seva Centres built at a cost of Rs 2016 crore to modernise the agriculture cultivation process. At the cluster level, where paddy production is expected to be high, up to 1615 harvesters would be made available.

He said, the current government has implemented the system in a transparent manner. Farmers can choose between 175 tractor models and the government will cover the cost of the incentive.

CM Jagan to embark Delhi to meet PM Modi, Amit Shah today

YSR Congress party celebrates 3 years of Jagan Mohan Reddy govt today

Andhra Pradesh govt signs 3 MoUs in Davos