AP: Modern tools for artisans at subsidized rates

India

07 Nov 2018

Andhra govt to provide modern-tools to artisans at subsidized prices

The Backward Classes Finance Corporation in Andhra Pradesh will provide modern tools to 4.25 lakh artisans at a heavily-subsidized price under the Adarana Scheme-2, officials said Tuesday.

B Venugopala Rao, Chairman of the Andhra Pradesh State Backward Classes Finance Corporation, said that the state government had re-introduced the Adarana Scheme for the backward classes people and has also allocated Rs. 750 crore to it.

Details

More than 5 lakh applications received for availing the scheme

Under the Adarana Scheme, the Andhra government would give modern tools to artisans with a 90% subsidy, which was 70% previously, Rao added.

Over one lakh tools would be distributed among the artisans by Chief Minister N Chandrababu Naidu at the Vijayawada Municipal Stadium on November 12.

Over five lakh applications were received for availing the scheme's benefits; after scrutiny, 3,91,132 were shortlisted.

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Andhra Pradesh

Andhra Pradesh Government

Chandrababu Naidu

Adarana Scheme-2

Andhra Pradesh State Backward Classes Finance Corporation

B Venugopala Rao

Backward Classes Finance Corporation

Chief Minister N Chandrababu Naidu

Venugopala Rao

Vijayawada Municipal Stadium

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