Guntur gets Rs 16.20 crore

PNS|Guntur

As many as 32,783 beneficiaries were disbursed Rs 16.20 crore under the Jagananna Thodu scheme.

A programme was organised here on Wednesday on the occasion of disbursement of Jagananna Thodu benefits by Chief Minister Y S Jagan Mohan Reddy who transferred the money by pressing the button from the Tadepalli camp office today.

Speaking on the occasion, district Collector M Venugopal Reddy said Chief Minister Y S Jagan Mohan Reddy released Rs 395 crore under the Jagananna Thodu scheme towards interest free loans through banks to benefit 3.95 lakh petty traders and artisans at Rs 10,000 each. The Chief Minister also released Rs 15.17 crore towards reimbursement of interest to benefit 13.28 lakh beneficiaries who have obtained and repaid the loans promptly in the last six months.

The Collector said that Rs 82 lakh interest of 34,783 beneficiaries of the scheme in the district was disbursed by the Chief Minister. He said that 16,195 beneficiaries were extended Rs 10,000 under the scheme in the district. He said that the beneficiaries of Jagananna Thodu had been extended Rs 67.79 crore so far in six phases. The Collector released a replica of the cheque on the occasion. MLAs Undavalli Sridevi, Maddali Giridhar, ZP chairperson Henry Christiana and other officials were present.

Meanwhile, under the 6th instalment of Jagananna Todu Scheme, Rs 6.73 crores was deposited to 6,733 beneficiaries in Eluru district at the rate of Rs.10,000 each. A programme was organised here on Wednesday on the occasion of disbursement of Jagananna Thodu benefits.

Addressing the programme, Eluru district Collector V Prasanna Venkatesh said that Jagananna Thodu is supporting the small traders and those who are in traditional professions.

The Collector said that under the 6th instalment of Jagananna Thodu Scheme, Rs. 6.73 crores had been deposited to 6,733 beneficiaries in Eluru district at the rate of Rs.10,000 each and 29,300 beneficiaries who got loans under the Jagananna Thodu scheme and were credited an amount of Rs 73 lakhs under interest reimbursement.

Prasanna Venkatesh said that the government has granted interest-free loans to 3,856 beneficiaries who were doing petty businesses in rural areas, 2,877 people in the urban area were extended loans at the rate of Rs. 10,000 without any collateral.

Rs 6.73 crores to 6,733 beneficiaries for interest-free loans to small traders and Rs 73 lakhs to 29,300 beneficiaries under interest reimbursement were deposited online by Chief Minister YS Jagan Mohan Reddy to the beneficiaries’ accounts, the Collector said. DRDA PD R Vijaya Raju, MEPMA PD Emmanuel and some beneficiaries participated in this program.