On Wednesday Andhra Pradesh Chief Minister YS Jagan Mohan Reddy launched another flagship scheme to promote women entrepreneurs, which is called YSR Cheyutha.
The annual amount received by women (widow/single) eligible for pension is Rs 27,000. In addition to this, they would recieve Rs 18,750 under YSR Cheyutha making a total amount of Rs45,750 per annum for beneficiaries.
About 23 lakh women belonging to SC, ST,BC, and other minority communities in the age group of 45-60 years will get an incentive of Rs18750 per year, under this scheme. It will bring 17,000 crore burden on the government. Under this scheme the Government would help beneficiaries in marketing and technical assistance.
Before this, keeping this scheme in mind, the YS Jagan government roped in major industries like Proctor and Gamble, Anand Malik Union Limited (AMUL), Hindustan Uniliver Limited and Tobacco Limited to provide opprtunities to the beneficiaries.