As the country is suffering from a poor condition of the farmers. The Andhra Pradesh government has started the scheme Rythu Runa Mafi Yojana to benefit the poor farmer of the Andhra Pradesh. It was a demanding situation for the AP government. The Chandrababu Naidu, Chief Minister of Andhra Pradesh decided to waive off the loan of the farmers. The scheme was launched in the year 2014 and its first phase was initiated on the 11th dec 2014 whereas the second phase was completed on March 27, 2017. The third phase was also announced in the same year by Andhra Pradesh Chief Minister on October 9, 2017
To read in detail about the Rythu Runa Mafi Yojana check the page below.
Rythu Runa Mafi Yojana Objectives
The objective of the Rythu Runa Mafi Yojana is to make its farmer loan free to reduce the burden of the farmer. As we see a number of protest by the farmer to waive off the loan so this is the type of scheme which will do the same for the farmer of the Andhra Pradesh. As it is only a state government program which will benefit the farmer of the Andhra Pradesh.
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Rythu Runa Mafi Yojana Budget
The scheme will waive off the loan of the certain farmer which are selected for the scheme. Under this scheme, the loan of the farmer would be cut down. The farmer will have to bear the only certain amount of loan whereas the rest of the loan will be paid by the government. Under this scheme, the government has set up a budget of nearly 3600 crores to implement the scheme for the benefit of the farmer of the Andhra Pradesh.
Rythu Runa Mafi Yojana Interest rate
The Interest rate of the loan will also be reduced to help the farmer to cope with the poor circumstances they are suffering from. It is of great benefit to the farmer now they have to bear a certain amount of loan that is also with less interest rate. It is expected that this year in the third phase the 10% of the interest rate of the loan will be waived off.
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Rythu Runa Mafi Yojana Phases
The Rythu Runa Mafi yojana started by the government will be completed in the phases as the government too cannot bear the complete expenses of the loan in a single go. As mentioned earlier the two phases of the scheme have been already completed. The first phase was initiated on the 11th dec 2014 whereas the second phase was completed on March 27, 2017. Now the third phase of the scheme of the scheme is expected to take place on 9th October same year. Under the third phase of the Rythu Runa, the interest of 10% for two years will be waived off. In this phase, almost 36.72 lac of farmers will be benefited.
Rythu Runa Mafi Yojana Eligibility
Only the farmer of the Andhra Pradesh are eligible for the scheme and their loan will be waived off. To get the benefit of the scheme you have to fulfill the below-mentioned criteria to get the benefit.
- You should be the permanent resident of the Andhra Pradesh.
- You should have the domicile of the Andhra Pradesh.
- You should also have the Ration card.
- You will get the benefit of loan wavier if you have taken the loan before 2014.
- Only a few selected farmer will get the benefit of the scheme.
Rythu Runa Mafi Yojana APPLY ONLINE
You can apply online for the third phase of the Rythu Runa Mafi scheme if you fulfill all the above-mentioned criteria of the loan waiver scheme. You can apply online for the scheme. You have to register yourself for it and the link is given for your assistance Rythu Runa Mafi Yojana- APPLY ONLINE
Rythu Runa Mafi Yojana- Registration
You can register yourself at the Rythu Runa Mafi Yojana by following the steps on this page.
Rythu Runa Mafi Yojana- Documents required
Following mentioned is the list of the documents which are required to register yourself as the applicant of the farmer waiver scheme.
- Aadhar card of the applicant.
- Ration card of the applicant.
- Bank detail documents about the loan.
Rythu Runa Mafi Yojana- Log in
Open the link given to register yourself. After successful registration, the applicant will be given a with a Login id and password. By making use of the id and password you can go the site of the application form. You can log in with the help of the link given. Rythu Runa Mafi Yojana- Log in
Rythu Runa Mafi Yojana Status
The status of the loan can be easily checked by using your Ration card number and Aadhar number. At the portal of the page, the option is available for checking the status of the farmer loan by entering the account number on which the farmer had taken the loan. You can check the status by making use of the link given Rythu Runa Mafi Yojana- Status
You will be provided choice how you want to check the status of your loan by your RATION CARD NUMBER, AADHAR CARD NUMBER or BY ACCOUNT NUMBER on which you have applied for the loan.