My dream is to make women entrepreneurs, says Jagan

CM releases second tranche of YSR Cheyutha benefit

Chief Minister Y.S. Jagan Mohan Reddy on Tuesday released the second tranche of YSR Cheyutha benefit crediting ₹4,339.39 crore into the accounts of 23.14 lakh women beneficiaries. Under the scheme, a financial assistance of ₹18,750 would be provided every year to women belonging to SC, ST, BC and minorities in the age group of 45-60 to support their families financially. So far, the State government has spent ₹8,943 crore on this scheme in the last two years. “This is yet another scheme close to my heart and it fulfils my dream of seeing women as entrepreneurs. Our government had entered into a Memorandum of Understanding (MoU) with multinational companies such as Amul, Allana, ITC, HUL, P&G and Reliance, and several banks to support women entrepreneurs to establish grocery stores, dairy farms and other businesses. Through this scheme, around 78,000 women have started grocery stores, where goods will be supplied below the market rate to help them earn an additional profit of around ₹10,000. Similarly, 1.19 lakh women have opted for dairy sector and are getting an additional income of ₹5-15 on each litre of milk supplied to Amul. Also, around 70,000 women have shown interest in rearing sheep and goat units to increase their family income,” said Mr. Jagan Mohan Reddy.