YSR Asara Scheme 2024: Apply Online at apmepma.gov.in & Eligibility

YSR Asara 2024 Apply Online | AP YSR Asara Scheme Beneficiary List & Payment Status at apmepma.gov.in | YSR Asara Scheme Online Loan Verification Report |

In order to provide monetary help to the Self-Help Groups (SHGs), the chief minister of Andhra Pradesh Mr Jagan Mohan Reddy has launched a new scheme. This scheme is named as YSR Asara Scheme. Under this scheme, the Government of Andhra Pradesh will provide loans to the beneficiaries.

Today through this article we will share with you all the relevant information related to YSR Asara Scheme 2024 Andhra Pradesh Odisha such as objectives, eligibility criteria, important documents and benefits. Along with that, I will also share the details related to the application procedure.

About YSR Asara Scheme

The Government of Andhra Pradesh has started a new scheme for the Self Help Groups (SHGs). The scheme is pronounced as Asara Scheme Andhra Pradesh. The government will grant loans to the needy and the poor people under this scheme. The government will also provide some other benefits through this scheme.

Under the YSR Asara Scheme, The Government of Andhra Pradesh released an amount of Rs.6345.87 for almost 791257 beneficiaries on 11 September. The government will reimburse all the loans of the Self Help Groups (SHGs) in four instalments.

YSR Asara Scheme 2023: Apply Online at apmepma.gov.in & Eligibility

Highlights Of The YSR Asara Scheme

The highlights of this scheme are as follows:-

Name of the schemeYSR Asara Scheme 2024
Launched byThe Government of Andhra Pradesh
Launched inAndhra Pradesh
Chief MinisterMr. Jagan Mohan Reddy
BenefitsThe beneficiaries will get financial help
ObjectivesTo pay the loans of the Self-Help Groups (SHGs)
BeneficiariesSelf Help Groups (SHGs)
AmountVariable
Application modeOnline
Official Websiteapmepma.gov.in

Objectives Of The YSR Asara Scheme

As everyone knows, the government has launched many schemes for the Welfare of the country. India is a developing country. There are many people who are still serving from financial problems. Their financial conditions force them to take loans because they cannot meet all their needs with their small income.

Keeping an eye on that, the Government of Andhra Pradesh has decided to start a new scheme for those people who are in debt.

This scheme is known as YSR Asara Scheme. This scheme will provide financial assistance to people who want to pay their loans but are unable to do so.

YSR Asara Scheme 2023: Apply Online at apmepma.gov.in & Eligibility
YSR Asara Scheme 2023: Apply Online at apmepma.gov.in & Eligibility

Budget Of YSR Asara Scheme

Asara Scheme has been launched by the Chief Minister of Andhra Pradesh to clear all the pending loans of SHGs women of the state by 11th April 2019 in collaboration with the banks and for the successful implementation of this scheme, the government has given Rs.6,792.11 crore for the budget. The budget has been approved on 11 September 2020 for the first instalment.

YSR Asara Navratanalu

During the election manifesto, Andhra Pradesh Chief Minister YS Jagan Mohan Reddy promised 9 big benefits to the people of the state. Of which the ninth benefit is YSR Aasara Yojana also known as Navratnalu.  It is a combination of 9 social welfare schemes that provide benefits to the people of Andhra Pradesh.

YSR Asara Scheme 2023: Apply Online at apmepma.gov.in & Eligibility
YSR Asara Scheme 2023: Apply Online at apmepma.gov.in & Eligibility

Payment Under AP Asara Scheme

The loan amount to the savings societies till 11th April 2019 will be deposited in the respective community savings account in four instalments from this financial year through YSR Asara Scheme in AP. The Chief Minister released Rs. 6,792 crores towards the first instalment of arrears totalling Rs. 24,169 crores to 87,74,674 women banks belonging to 8.7 lakh SHGs.

Central Government Scheme

YSR Asara Scheme Andhra Pradesh: Selection Procedure

The YSR Asara Scheme is a welfare initiative by the Government of Andhra Pradesh aimed at providing financial assistance to women from self-help groups (SHGs) in the state. The scheme aims to empower women and improve their economic conditions by providing them with timely and hassle-free financial support.

Implementation Procedure

The implementation of the YSR Asara Scheme involves a systematic process to ensure transparency and efficiency in the disbursement of funds. Here is an overview of the implementation procedure:-

  • Identification of eligible self-help groups (SHGs) based on certain criteria such as membership, regular savings, and credit repayment history.
  • Verification of the SHG details through a thorough screening process.
  • Registration of the eligible SHGs with the concerned authorities.
  • Submission of the required documents by the SHGs for verification and assessment.
  • Approval of the applications and disbursement of funds to the verified SHGs.

Supervision Body

The YSR Asara Scheme is supervised by a designated body to ensure the proper implementation and monitoring of the scheme. The body consists of officials from various departments, including Women Development and Child Welfare, Rural Development, and Finance. Their role is to oversee the selection process, disbursement of funds, and address any grievances or issues raised by the beneficiaries.

Key Guidelines

Here are some key guidelines that govern the YSR Asara Scheme:-

  • The scheme is exclusively for women belonging to self-help groups.
  • Only active and eligible SHGs are considered for the scheme.
  • SHGs must have a good repayment history and regular savings.
  • The scheme provides financial assistance in the form of interest-free loans.
  • The loan amount is based on the credit needs of the SHGs.
  • The loan repayment period is flexible and can be extended if needed.
  • Beneficiaries are encouraged to utilize the funds for income-generating activities.
  • Regular monitoring and evaluation of the scheme are conducted to ensure its effectiveness.
  • Transparency and accountability are maintained throughout the implementation process.
  • Grievance redressal mechanisms are in place to address any issues faced by the beneficiaries.

Important Instructions

Beneficiaries of the YSR Asara Scheme should keep the following instructions in mind:-

  • Ensure that all the required documents are submitted accurately and on time.
  • Use the funds provided for productive purposes as intended by the scheme.
  • Maintain proper records and documentation of the utilization of the funds.
  • Repay the loan amount within the specified period to maintain eligibility for future assistance.
  • Adhere to the guidelines and rules set by the scheme to avoid any penalties or disqualification.
  • Report any issues or grievances to the designated authorities for timely resolution.
  • Participate in the training and capacity-building programs organized by the scheme.
  • Collaborate and share experiences with other SHGs to enhance knowledge and skills.
  • Stay updated with the latest information and announcements related to the scheme.
  • Spread awareness about the scheme and encourage eligible women to avail its benefits.

Tips and Tricks

Here are some tips and tricks to maximize the benefits of the YSR Asara Scheme:-

  • Develop a business plan to utilize the funds effectively.
  • Seek guidance from experts or professionals in the chosen field of business.
  • Explore market opportunities and identify potential customers for your products or services.
  • Invest in skill development and training to enhance your entrepreneurial abilities.
  • Network with other SHGs and learn from their experiences and success stories.
  • Monitor and evaluate the progress of your business regularly to identify areas for improvement.
  • Maintain transparency and accountability in financial transactions and record-keeping.
  • Seek feedback from customers and adapt your business strategies accordingly.
  • Stay updated with the latest market trends and adapt your products or services accordingly.
  • Continuously upgrade your skills and knowledge to stay competitive in the market.

General Points to Remember

Here are some general points to remember about the YSR Asara Scheme:-

  • The scheme aims to empower women and improve their economic conditions.
  • It provides interest-free loans to eligible self-help groups.
  • Proper documentation and adherence to guidelines are crucial for availing the benefits.
  • Regular monitoring and evaluation ensure the effectiveness of the scheme.
  • Timely repayment of loans is essential to maintain eligibility for future assistance.
  • Grievance redressal mechanisms are in place for addressing beneficiary issues.
  • Beneficiaries are encouraged to utilize the funds for income-generating activities.
  • Training and capacity-building programs are organized to enhance entrepreneurial skills.
  • Collaboration and knowledge-sharing among SHGs are promoted for mutual growth.
  • Spreading awareness about the scheme is crucial to reach eligible women in need.

Benefits Of YSR Asara Scheme Andhra Pradesh

Some specific benefits of this scheme are as follows:-

  • The Chief Minister of Andhra Pradesh has launched the Asara Scheme for the women of Self Help Groups.
  • This scheme will provide financial funds to reimburse the loans of SHGs.
  • Under this scheme, 25,383 crores will be spent in the next four years.
  • Nearly, 9 lakhs beneficiaries will be benefited under this scheme.    
  • An amount of 6345.87 crores has been disbursed to beneficiaries in the first instalment.
  • The benefit provided under this scheme is transferred directly to the bank accounts of the beneficiaries in four instalments. 
  • Using the official portal, beneficiaries can check the district-wise list of beneficiaries and status.
  • The applicant must complete the eligibility criteria to apply under YSR Asara Scheme.
  • It is one of the nine important schemes of the state provided for the benefit of citizens.
YSR Asara Scheme 2023: Apply Online at apmepma.gov.in & Eligibility
YSR Asara Scheme 2023: Apply Online at apmepma.gov.in & Eligibility

Features Of YSR Asara Scheme Andhra Pradesh

The features of this scheme are as follows:-

  • The AP Asara Scheme has been started by the Government of Andhra Pradesh.
  • Under this scheme, the Government will provide assistance to the SHGs Groups.
  • This scheme is especially for the women of SHGs.
  • Under this scheme, the groups have about 900,000 members.
  • The benefit of the YSR Asara scheme in AP will be provided to about 9,33,180 clusters.
  • With the help of this budget, women of self-help groups will be able to meet their day-to-day expenses.
  • Under this scheme, women don’t need to worry about financial problems.
  • Interested applicants should visit the official website and can easily apply online.

Eligibility Criteria

The Eligibility Criteria of YSR Asara Scheme Andhra Pradesh are as follows:-

  • Applicants must be a resident of Andhra Pradesh state.
  • Women should be under Self Help Groups (SHGs).
  • Candidates must have an Aadhar card.
  • He should have a mobile number.
  • Bank loan documents are required.
  • Applicant women should belong to the SC/ST/BC/Minority community.
  • Women must have taken the loan before 11th April 2019.
YSR Asara Scheme 2023: Apply Online at apmepma.gov.in & Eligibility
YSR Asara Scheme 2023: Apply Online at apmepma.gov.in & Eligibility

Important Documents

The list of some important documents that are required to apply under the YSR Asara Scheme Andhra Pradesh is as follows:-

  • Aadhaar Card of a beneficiary 
  • Domicile of Andhra Pradesh
  • Certificate of Income 
  • Complete details of the SHG loan
  • Bank Account Number
  • Valid phone no. of the applicant
  • Email Address
  • Caste and category certificate
  • Passport Size Photograph of the applicant
YSR Asara Scheme 2023: Apply Online at apmepma.gov.in & Eligibility
YSR Asara Scheme 2023: Apply Online at apmepma.gov.in & Eligibility

Apply Online Under YSR Asara Scheme Andhra Pradesh

Interested applicants who want to apply under this scheme should have to follow the procedures that are as follows:-

  • Visit the Official Website of the YSR Asara Scheme. You will land on the homepage.
Apply Online Under YSR Asara Scheme Andhra Pradesh
  • Search the Apply Online link on the home page
  • Hit the link and application form-filling instructions will appear
  • Read the instruction and hit the continue option
  • Provide all the details and upload the necessary documents along with signature & image
  • Submit the application form after taking a review of it
  • Take the printout at the end for the future.

Offline Application Procedure For YSR Asara Scheme

The offline procedure under this scheme is as follows:-

  • First of all, you have to go to the nearest bank
  • From the bank, you have to ask for the Asara scheme application form
  • Now you need to fill out this application form with the correct information
  • After that, you need to attach all the relevant documents
  • Now you need to submit this application form to the bank and the bank officer will give you an acknowledgement card
  • You have to secure this acknowledgement card as this acknowledgement card will help you to check your status.

Procedure To Check Beneficiary List Under This Scheme

The procedure for checking the beneficiary list Under the YSR Asara Scheme is as follows:-

  • Visit the Official Website of the Asara Scheme. You will land on the homepage.
  • Hit the YSR ASARA- LOAN VERIFICATION REPORT” option
Procedure To Check YSR Asara Scheme Beneficiary List
  • YSR Asara Scheme
  • Then you should select your district name
  • Choose your municipality
  • Choose CO and then slum
  • A list of SHG will appear along with the loan status

Application Status Under YSR Asara Scheme

The process of checking application status under this scheme is as follows:-

  • Visit the Official Website of the Asara Scheme. You will land on the homepage.
  • From the home page, you should search for the option called “Application Status”
  • Provide your application no and other asked details on the screen
  • Submit the information and the status will come up on the screen

Payment Status Under YSR Asara Scheme Andhra Pradesh

The process of checking payment status under this scheme is as follows:-

  • Visit the Official Website of the Asara Scheme. You will land on the homepage.
  • From the home page, you should search for the option called “Payment Status”
  • Provide your application no and other asked details on the screen
  • Submit the information and the status will come up on the screen

Procedure To Lodge Grievance

The procedure to lodge a grievance under this scheme is as follows:-

  • Visit the Official Website of the Asara Scheme. You will land on the homepage.
  • Click on Grievance Tab
Procedure To Lodge Grievance
  • A new page will open in front of you where you have to enter the sender name, contact number, date, and description and upload the file
  • Now you need to click on submit
  • By following this procedure you can lodge a grievance.

Helpline Number

The helpline number is as follows:-

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