Vijayawada: Endowments Minister Vellampalli Srinivas said on Monday that the State government would implement ‘Rythu Bharosa’ scheme with effect from October 2019 in the State and would sanction Rs 12,500 to each farmer as financial assistance for cultivation of crops as part of the programme.The Endowments Minister along with Central MLA Malladi Vishnu inaugurated the Rythu Dinotsavam, the farmers’ Day at Kundavari Kandrika village, to mark the birth anniversary of former Chief Minister Dr Y S Rajasekhara Reddy. Also Read – Astrologer refutes charges against him Advertise With Us Local farmers and officials of the agriculture, animal husbandry, fisheries and other departments attended the event. The State government has decided to celebrate the Farmers’ Day on July 8 to mark the birth anniversary of former Chief Minister Rajasekhara Reddy. Speaking on the occasion, Srinivas said the State government has decided to implement the Rythu Bharosa from October 2019 and will sanction Rs 12,500 financial assistance to each farmer. He said the YSRCP government is determined to give nine-hour power supply to the farmers during the day at any cost and would distribute fertilisers and seeds to the farmers at subsidised prices. Also Read – Jasti bags 16th rank in NEET Super Specialty Entrance Advertise With Us He said the YSRCP government has taken very important decisions during the last 40 days of rule and it would adopt farmer friendly policies in the State. Central MLA Malladi Vishnu said the State government has taken important decision to sanction crop loans to the tenant farmers also. He said the farmers would get all kinds of support under the YSRCP rule. Advertise With Us The Minister and the MLA felicitated some progressive farmers on the occasion. Vijayawada Lok Sabha constituency YSRCP co-ordinator Potluri Vara Prasad said that late Y S Rajasekhara Reddy was well known for adopting farmers’ friendly policies and lauded the services rendered o people by the departed leader. Agriculture, horticulture, animal husbandry, fisheries and other departments have set up stalls in the village and explained their services.