YS Jagan Promises 9-Hour Power Supply, Interest-Free Loans To Farmers

Rapthadu: Interest-Free loans to farmers, nine-hour power supply and Rs 12,500 credited to every farmer’s account are some of the promises made by Leader of Opposition YS Jagan Mohan Reddy at the conclusion of the 34th day of the Praja Sankalpa Yatra, here on Wednesday.

Addressing a massive public meeting at Rapthadu mandal headquarters, YS Jagan said the YSRCP government will establish a Rs 3,000 crore market stabilisation fund and Rs 4,000 crore disaster relief fund as soon as it assumes power in 2019. He said every pending irrigation project will be completed on a priority basis to prevent crop-loss and provide irrigation water to the parched lands of the district.

Elaborating on funds to the farmers, YS Jagan said they need not rush to the banks for loans before every sowing season. "Instead an amount of Rs 12,500 will be credited to the account of every farmer as investment prior to the sowing season," he said. "Similarly, the harvested crop will be purchased by the government so that the farmer does not have to sell it for a loss. Also, cold storage units will be established in every mandal where every farmer can store the harvested crop," the YSRCP President said.

There was an unprecedented surge in crowds as YS Jagan began his speech on Wednesday evening.