The YSR Cheyutha project is one of the many important plans of the Andhra Pradesh government. It started to advance backward women in society. ‘Cheyutha’ means ‘to support.’
It makes women financially independent. The government launched this plan on 12th August 2020 so that women and their family members can improve their standard of living. Let’s look at the complete details about this plan.
Overview of the YSR Cheyutha Project
| Scheme Name | YSR Cheyutha Scheme |
|---|---|
| Launched By | Government of Andhra Pradesh |
| Launch Date | 12 August 2020 |
| Purpose | To provide financial support and economic independence to backward women |
| Age Limit | 45 to 60 years |
| Residency Requirement | Permanent resident of Andhra Pradesh |
| Annual Financial Assistance | ₹18,750 per year |
| Total Benefit | ₹75,000 in 4 years |
| Payment Method | Direct Benefit Transfer (DBT) to bank account |
| Income Criteria | The applicant must belong to a Below Poverty Line (BPL) family |
| Not Eligible If | A family member has a government job, pays income tax, or receives YSR Pension Kanuka |
| Required Documents | Aadhaar Card, Ration Card, Bank Account Details, etc. |
Do you want to apply for the YSR Cheyutha Project?
Objectives of this project
The main purpose behind starting this scheme is to help women who are financially weak. To provide them with financial security. The money can be used by women as they wish; they can support their family or start a small business if they want. Or they can also save it.
Eligibility criteria
To apply for the YSR Cheyutha plan, the applicant must be a woman and a permanent resident of Andhra Pradesh. The age must be between 45 and 60 years. She must belong to SC, ST, Backward Caste, or minority communities.
The woman must be a member of a below-poverty-line family, and the family income must be very low, along with limited assets. If she is already getting benefits under the Andhra Pradesh government’s YSR Pension Kanuka project, she will not be eligible for this scheme.
If any family member has a government job or pays tax, the woman cannot avail herself of the benefits of this scheme.
The applicant must have documents like an Aadhaar card, a ration card, a bank account, etc.
YSR Cheyutha Project Benefits
- Each eligible woman under this scheme receives 18,750 rupees per year. If added for 4 years, it comes to 75,000 rupees, and it is directly credited to the bank account of the person in whose name the application is made.
- Since the money goes directly to the account, there is no chance of loss.
- Women can use it as they wish. They can use it for daily essential needs, health expenses, save it, or start a business.
- It is entirely their personal money. If anyone wants to start a business with this money, the government also provides marketing and technical support.
Achievements of this plan
Through this plan, 23 lakh women are benefiting. Their difficulties have reduced a lot. Backward women from any community are getting financial independence, which is crucial. The money goes directly to the holder’s account, so there is no chance of loss. As a result of this project, the quality of life of women has improved a lot. With this amount, any woman who decides to start a business will get further support from the government.
They can use this money wisely. It is mainly for ST and SC women, so even those who are backward have improved a lot, as they now have access to resources and training that empower them to succeed in their entrepreneurial ventures. Year after year, if they choose to save this amount, it also has a long-term positive impact on their financial stability and empowerment, particularly for ST and SC women who may have previously faced economic challenges.
FAQs
Who can benefit from this scheme?
Women aged 45 to 60 years belonging to ST, SC, or Backward communities, who are below the poverty line, and permanent residents of Andhra Pradesh. All such women will get the benefit.
How much money will be given per year?
₹18,750 per annum.
How will the money be given?
It will be directly credited to the bank account of the person who applies, with no risk of loss.