YSR Kapari Bandhu Scheme 2024: Apply Online, Features & Eligibility

YSR Kapari Bandhu Scheme 2024: Apply Online, Features & Eligibility: The state government is implementing a new scheme for shepherds. Each beneficiary will be financed by purchasing 20 sheep and one Goat. NCDC (National Co-operative Development Corporation) is implementing the “YSR Kapari Bandhu” scheme with financial assistance. The subsidy for the purchase of units will be 30 percent. Due to the high sheep prices, Rs 1.50 lakh will be sanctioned for purchasing one unit (20 sheep and one goat).

YSR Kapari Bandhu Scheme

YSR Kapari Bandhu Scheme

Scheme HighLight

Name of the scheme YSR Kapari Bandhu Scheme
Launched in Andhra Pradesh
Launched by YS Jagan Mohan Reddy
Date of announcement  March 2020
Date of the official implementation Soon
Target beneficiaries of this project Members of the Golla and Kuruma communities
Supervised by National Cooperative Development Corporation

YSR Kapari Bandhu Scheme

YSR Kapari Bandhu is designed to benefit 50,000 beneficiaries over four years at a rate of 12,500 per annum. Officials said NCDC had initially agreed to allocate Rs 200 crore for the scheme.
1) Andhra Pradesh’s government has launched a new scheme, ‘YSR Kapari Bandhu, ‘to provide the shepherds with financial assistance.
2)The NCDC (National Co-operative Development Corporation) introduced the scheme. Financial assistance will be given to eligible shepherds to buy 20 sheep and one Goat.
3)The scheme planned to benefit 50,000 beneficiaries at 12,500 per year over four years. Rs 1.50 lakh was provided to buy 20 sheep and one hatchet.
4) Besides, NCDC initially decided to allocate Rs 200 crore for the project. Conversely, 30 percent of it, previously 20 percent, agreed to be subsidized. Finally, the AP government, with a new scheme, is on 16 March 2020 current affairs.

Golla and Kuruba Community Financial Support in YSR Kapari Bandhu

Owing to this, the state CM has come up with a plan for the new scheme. This will simplify the scheme’s regulations and help increase the subsidy offered to the shepherds. This will allow them to easily opt for loans to buy sheep and yield better farming results.
1) Shepherds of the State and Society Presidents recently asked Chief Minister YS Jaganmohan Reddy to implement a scheme to improve their living standards.
2) NCDC financiers now buy sheep on loan.
3) Shepherds cannot obtain loans because the regulations on implementing the scheme are stringent.
4) The matter was brought to the attention of the CM to simplify the regulations and design a scheme to increase the subsidy.
5) NCDC to increase subsidy from 20 to 30 percent.
6) If the shepherd’s mortgage system is implemented in lending .. CM has ordered changes.
To this extent, the authorities have designed the scheme and sent it to the Government for consideration. Officials say the government will decide at a meeting to be held soon.
The main focus of the above-said scheme is to cover benefits for almost 50 thousand people for four years. In this relation, officials have said to offer rupees 200 crores for the fast development of the YSR Kapari Bandhu Scheme. The state government is also implementing schemes like the Rajanna Veterinary Scheme, the death of cows, etc.

Essential Points of YSR Kapari Bandhu

1) Development of the shepherd communities – Not much has been done to develop the shepherds. The Andhra Pradesh Chief Minister wants to mend this with the development of this scheme.
2) Ensuring financial and social security—Implementing this welfare project will provide financial security and pave the path for social security as well.
3) Financial aid – Though the state government has not decided the amount, the Chief Minister stated that the beneficiaries will attain specific financial assistance from the Andhra Pradesh authority.
4) Purchasing sheep – The beneficiary must utilize the financial assistance offered by the Andhra Pradesh government to purchase 20 sheep.
5) Subsidy on loan – A beneficiary credit subsidy is another scheme feature. The subsidy will amount to 30% of the loan or Rs. 1.5 lakhs, whichever is less. It will release the financial burden from the shoulders of the shepherds who acquired loans for occupational purposes.
6) Time period for the scheme—After this project starts operating, the state government will continue it for four successive years. This will ensure the holistic development of the eligible and needy shepherds.
7) Total number of beneficiaries – The Andhra Pradesh Chief Minister has mentioned that implementing this scheme will assist around 50,000 people.
8) Budget allocated for the scheme – It has been mentioned that for the successful implementation of this project, a whopping sum of Rs. 200 crores has already been arranged. If necessary, the state government will provide more funding for scheme implementation.
9) Payment mode – The state government has highlighted that all financial transfers will be made via the Direct Benefit Transfer mode. It will keep corruption and confusion at bay.

YSR Kapari Bandhu Application Form

The Chief Minister of Andhra Pradesh has meticulously pointed out that this scheme is for the shepherd communities. The vital features and the benefits of the project have been announced. However, neither the Chief Minister nor the government officials have mentioned anything about the upcoming implementation mode. They have also withheld information about the registration process of this scheme.
Sources further said that the state shepherds and the society president requested the CM of Andra Pradesh to look after the living standards of the shepherd’s community. It is also seen that the NCDC financiers can buy sheep on loan. In addition, shepherds cannot get loans owing to the strict rules of the scheme.
The state government is expected to opt for an offline application for shepherds’ convenience. In case of online registration, the Andhra Pradesh authority will have to launch a portal. If you want to know about the registration process, stay tuned, as we will update the information on our portal.

YSR Kapari Bandhu Scheme 2024: Apply Online, Features & Eligibility