UTILIZATION PATTERN OF THE FINANCIAL ASSISTANCE OF THE YSR RYTHU BHAROSA SCHEME IN ANDHRA PRADESH: A CASE STUDY

Abstract

The study was conducted to determine the impact of the YSR Rythu Bharosa Scheme, a financial assistance program for farmers, on reducing their working capital. The survey was conducted across the 12 Gram Panchayat of a Mandal in Kurnool District of Andhra Pradesh. The sample data was collected using personal interviews and forms by clustering samples and covering all sections of the population. The data was analyzed and presented in tables and charts. The study shows that most of the farmers were spending the monetary assistance partially for agricultural purposes and partly for family consumption. Farmers were spending the majority of their money on developing the farmland, buying agricultural inputs, and family consumption. The farmers opined that the financial assistance should be on par with market rates for agricultural inputs.

Keywords: YSR Rythu Bharosa, Financial Assistance, Working Capital, Agriculture Inputs, Family Consumption