Andhra Pradesh government is going to launch AP YSR Asara Scheme 2020 for Women Self Help Groups (SHGs). Chief Minister YS Jagan Mohan Reddy will start this YSR Aasara Scheme on 11 September 2020. In this debt waiver scheme, the state govt. will reimburse outstanding loans of SHGs. After the official launch, people would be able to check their status, beneficiary list of schemes aiming to forgive loans.
Many women in Andhra Pradesh state have incurred massive loans and now would get relief under YSR Asara Scheme. These loans were taken to cope up with expenses towards education, health care, elderly care, daily needs, and other emergencies. A total amount of Rs. 6345.87 crore would be released for the benefit of 7,91,257 SHGs.
Women will now come out of the vicious cycle of debts which they were in due to incapability to cope with exorbitant rates of interest. It is a big step to help women as govt. will give big relief by forgiving their loan amounts.
AP YSR Asara Scheme 2020 for Women SHGs
The state govt. of Andhra Pradesh will now launch AP YSR Asara Scheme on 11 September 2020. AP govt. will reimburse all the outstanding loans taken by all the women members of self-help groups belonging to the SC, ST, BC, and minority communities as on 11 April 2019 in four installments. The sum of outstanding loans as on cut off date was calculated, the result was over Rs. 25,383.49 crores. The main aim is to waive off loans of debt-ridden women SHGs in the state.
The AP YSR Asara Scheme will ensure that women are not forced to go back to take loans at higher interest rates once again. The amount given under the Aasara scheme can also be used for their future prospectus if they have repaid their loan already. The govt. will still stick to its promise of reimbursing the total outstanding loan.
Salient Features of AP YSR Asara Debt Waiver Scheme
The salient features and highlights of the AP YSR Aasara Scheme are as follows:-
|Name of Scheme||AP YSR Asara Scheme|
|Launch Date||11 September 2020|
|Name of State||Andhra Pradesh|
|Beneficiaries||Debt-ridden Women Self Help Groups (SHGs)|
|Number of Beneficiaries||Approx. 9 lakh women|
|Official Website||To be launched soon|
|Major Objective||Waive off loans of Women SHGs|
|Launched by||CM Jagan Mohan Reddy|
|Total amount||Rs. 6345.87 crore for 1st Installment (Rs. 25,383.49 crores)|
|Number of Installments||4|
AP YSR Asara Scheme Eligibility
Only those applicants fulfilling the below-mentioned criteria will be eligible for AP YSR Asara Scheme 2020:-
- The applicant must be a resident of Andhra Pradesh state.
- Women must be under Self Help Groups (SHGs).
- The candidate must be in a possession of an Aadhaar Card.
- She must have a mobile number.
- Loan documents of the bank are required.
- Applicant women must belong to SC / ST / BC / Minority community.
- Women must have taken a loan before 11 April 2019.
Check YSR Asara Scheme Loan Status Online
CM YS Jagan Mohan Reddy will launch the AP YSR Asara on 11 September 2020 and will waive off debts of women from poor families. For the 1st installment, govt. has earmarked around Rs. 6345 crores to benefit 7,91,257 SHGs. After the official launch of the scheme and its website, people will be able to check their AP YSR Asara Scheme Loan Status online. Women will be benefited to a great extent and thus the entire family would be benefited. So, wait for the official launching of the scheme portal to check your debt waiver status online.
List of Documents Required for YSR Asara Pathakam
The complete list of documents required for the YSR Asara Pathakam Scheme 2020 in AP are as follows:-
- Address Proof
- Income Certificate
- SHG loan details
- Caste Certificate
- Bank account number
- Phone number
District Wise List of YSR Asara Scheme Beneficiaries
As the YSR Asara Scheme has not been launched till now, the concerned dept. has not released details on how to check the name in the beneficiary list. It is expected that after the official launch of the scheme, people would be able to check the district wise list of YSR Asara Scheme beneficiaries and download it in PDF format:-
|East Godavari||View List|
|West Godavari||View List|
|Sri Potti Sri Ramulu Nellore||View List|
|YSR Kadapa||View List|
AP CM YSR Asara Scheme Portal (Official Website)
The official website is not available currently as the launch event of the AP YSR Asara Scheme is scheduled to take place on 11 September 2020. The new AP CM YSR Asara Scheme Portal will soon get functional after the official launch. It is expected that the portal link will be uploaded at the http://navasakam.ap.gov.in/ website.
How to Apply for AP YSR Asara Scheme
As of now, there is no specific procedures defined on how to apply for AP YSR Asara Scheme. But people would be able to apply online for AP YSR Asara Scheme at the official portal. At the official web site’s homepage, people will have to make registration and submit a completely filled in the application form to avail benefits of this scheme.
Helpline Number (Toll-Free) for YSR Asara
The helpline numbers or the toll-free contact number for YSR Asara Scheme has not been revealed. People can visit our website after 11 September 2020 to get regular updates on the helpline numbers, official website, apply online process. As soon as we will get information, we will update it here.