AP YSR Sunna Vaddi Schemein Telugu Online Application Form: To assist poor women, the Andhra Pradesh government has announced the YSR Sunna Vaddi Scheme. The YSR Sunna Vaddi Yojana for Financial Assistance to Women has been launched by CM Jaganmohan Reddy. Under this scheme, the government has provided financial assistance to low-income women. Candidates can apply for the YSR Sunna Vaddi Scheme Online Application Form at navasakam.ap.gov.in. Candidates can view the Eligibility Criteria, Beneficiary List, and Payment Status in the section below.
Andhra Pradesh Chief Minister Shri Jaganmohan Reddy has launched several schemes for the state’s residents. The state government has now launched the YSR Sunna Vaddi Scheme to assist poor women in the state financially. The AP government has provided financial assistance to poor women in order for them to become self-sufficient through self-help groups. Women will be given moreopportunities to earn a living through handicrafts and other types of production activities under thisscheme. Beneficiaries will receive zero-interest bank loans for business purposes. The Andhra Pradesh government’s scheme is open to all permanent women residing in the state.
New YSR Sunna Vaddi Scheme Update
Andhra Pradesh’s chief minister has announced a Rs. 510 crore interest subsidy for kharif crops across the state under the YSR Sunna Vaddi scheme, which will benefit 14.58 lakh farmers. Along with that, a 132 crore subsidy has been released for the proper losses caused by heavy rains in October 2023. He also stated that crop loan insurance claims for 1800 crore farmers would be paiduntil December. This scheme will encourage farmers to repay crop loans in order to receive interest in the past.
The YSR Sunna Vaddi Scheme has transferred Rs 1261 crore.
Andhra Pradesh’s chief minister has deposited Rs 1261 crore directly into the bank accounts of 1.02 crore women who belong to a self-help group. For the third year in a row, this amount has been transferred as interest reimbursement under this scheme. He has also spoken to a large crowd in order to empower women.
The Chief Minister also stated that the government has disbursed Rs 3615 crores under the YSR sunna vadi scheme in the last three years. So that women who have loans and make timely payments can benefit.
The government has also met with banks and reduced the interest rate for women from 12.5% to 13.5% to 8.5% to 9.5%. The Chief Minister has also stated that the government is committed to women’s welfare, economic advancement, and overall development.
He also listed various women’s welfare schemes and stated that the government has disbursed Rs 1,36,694 crore through direct benefit transfer without any middleman or corruption since its inception. A total of Rs 94,318 crores was credited directly to female beneficiaries.
The Advantages of the YSR Sunna Vaddi Scheme
The following are the primary advantages of this scheme:
The elderly women of Andhra Pradesh who are members of self-help groups will benefit from this scheme.
The government will pay off the loan to relieve them of their financial burden.
The YSR Sunna Vaddi Scheme has been implemented to provide free credit loans to all self-help groups in the state of Andhra Pradesh.
This will aid in the development of rural areas and the lives of poor women.
Women in Andhra Pradesh who are part of self-help groups will be able to live their lives without fear of financial hardship.
It will empower the state’s elderly ladies and provide them with financial independence.
It will aid in the development of the lives of needy women.
Another goal of launching the AP Sunna Vaddi Scheme is to help self-help groups across the state grow.
These women will be given a zero-interest loan when they are in need.
All applicants who wish to apply for this scheme must first visit the Navasakam official website.
The applicants’ eligibility
Must be a legal resident of the state : The scheme was developed and implemented by the government of Andhra Pradesh. As a result, any female applicant must be a legal and permanent resident of this state. Must be in the BPL category :It has been stated that the applicant must be in the BPL category in order to receive the benefits promised by this scheme. Must be related to SHG : Only needy women who are members of a registered Self-Help Group will be eligible to apply for the scheme’s benefits. Women from both urban and rural areas are welcome :To ensure that a large number of eligible applicants benefit from this programme, the state government will implement it in both urban and rural areas at the same time. Loan amount limitation : The Chief Minister has stated that only women will be able to register for the project if their outstanding credit balance does not exceed Rs. 5 lakhs. Not applicable to NPA loans : If the applicant has a loan that is classified as a Non-Performing Asset (NPA), she will not be eligible for the benefits of this scheme.
Documentation is required.
The following documents are required to apply for the YSR Sunna Vaddi Scheme:
The Aadhar card
Voter identification card
PAN card for passport
Certificate for living below the poverty line
Photograph in passport size
Certificate for a self-help group
Loan documents
Account information
Property documents
Address verification
Application Procedure for the YSR Sunna Vaddi Panta Runalu Scheme
To apply online, applicants must first visit the official website.
You will be given the option to register, where you must enter all of the necessary information.
Upload a copy of the documents and then submit the form.
Interested applicants can apply for the scheme both online and offline.
1)What exactly is the YSR Sunna Vaddi scheme? Sunna Vaddi Scheme of AP YSR
The main goal of implementing this is to provide a free credit loan to all self-help groups in the state of Andhra Pradesh. Furthermore, the main eligibility criteria in the scheme’s implementation are that it is only for female candidates from the state of Andhra Pradesh.
2)How can I check the status of my YSR Sunna vaddi payment?
How can I find out the status of YSR Sunna Vaddi? You must go to the Mission for the Elimination of Poverty in Municipal Areas’ official website, apmepma.gov.in. Check the YSR Sunna Vadi payment status online by district, ULB, SLF, and TLF.
3)How do I apply for a job at YSR Sunna Vaddi?
The applicant must be a member of a Self-Help Group. Only Poor SHG members will be eligible to apply for the scheme because they fall below the poverty line. SHG women (both rural and urban) with outstanding bank loan accounts of up to Rs. 5.00 lakhs are eligible.
