The state government of Andhra Pradesh is all set to introduce the Agriculture Electricity Cash Transfer Scheme from the 2021-22 financial year that will virtually do away with the free power supply to the farming sector, however, the government has maintained that it will foot the entire bill amounting to about Rs 8,400 crore per annum.
The government will install smart meters to all agricultural power connections as part of the Centre-suggested reforms that it agreed to implement for a two percent hike in the FRBM Act borrowing limit that will entail an additional loan of about Rs 20,000 crore to the state during the current fiscal, highly-placed official sources said.The state government will have to spend an estimated Rs 1,500 crore to install smart meters to the agriculture power connections.
AP Agriculture Electricity Cash Transfer Scheme
Under the new scheme, farmers will be required to open exclusive bank accounts into which the government will credit the monthly power bill amount. Farmers will then have to pay the monthly power charge to the respective Power Distribution Company, according to the guidelines for the scheme issued on September 1, 2020.
Details Of AP Free Agriculture Electricity Scheme
|Name||Agriculture Electricity Cash Transfer Scheme|
|Launched by||CM YSR Jaggan Mohan Reddy|
|Beneficiaries||Farmers of the state|
|Benefit||Providing monthly power supply bill money|
Benefits of AP Agriculture Electricity Cash Transfer Scheme
Farmers will not be required to pay a single rupee from their own pockets. However, AP govt. has came out with varying figures on the total number of agriculture power connections in the state. As the Agriculture Budget 2020-21 and Socio-Economic Survey 2019-20, there were 18.72 lakh agricultural power connections by the end of March.
But the latest order issued by the Energy Secretary has put the figure of 17.55 lakh agricultural power connections. AP Agricultural Minister mentioned that “there would not be any change in the existing free power scheme.” The procedure of the AP Agriculture Electricity Cash Transfer Scheme may change but not the entire scheme.
The following implementation procedure are as follows in which the cash transfer scheme of the Andhra Pradesh state will work:-
- All of the farmers will have to open their respective bank accounts to be eligible under the new scheme.
- A proper list of beneficiaries will be curated by the official authorities
- The credit of the monthly Power bill amount will be done in the bank account of the beneficiaries.
- From the money which has been transferred in the bank account, the farmers will pay their power charges to the respective Power distribution Company.
AP Electricity Cash Transfer Scheme 2020 Application Procedure
The scheme is a new scheme so much information about the scheme is not available for the common public. As soon as the information is out we will inform you everything through this portal.
Note:- If You want to get more information regarding the scheme so stay with us in future. We will update here each information from time to time