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| YSR Sunna Vaddi | |
|---|---|
| Type of project | Government Welfare Scheme |
| Location | Andhra Pradesh, India |
| Founder | Government of Andhra Pradesh |
| Chief Minister | Y. S. Jagan Mohan Reddy |
| Ministry | Department Of Municipal Administration and Urban Development |
| Established | 24 April 2020 (2020-04-24) |
| Status | Active |
| Website | https://apmepma.gov.in/ysrsv/ |
YSR Sunna Vaddi is a welfare program launched by the Government of Andhra Pradesh to assist women from Self Help Groups (SHGs) by providing zero interest loans[1]
The scheme was launched by Chief minister of Andhra Pradesh Y. S. Jagan Mohan Reddy on 24 April 2020 where ₹1,400 crores was deposited in the accounts of 8.78 lakhs Self help groups with 91 lakh beneficiary women.[2]
The second phase of YSR Sunna Vaddi was launched on 23 April 2021 where ₹1,109 crores[3] was credited into the accounts of 1.02 crore beneficiaries.[4]
YSR Sunna Vaddi scheme was introduced to financially assist women of below poverty line by providing them loans with zero interest.[5]
Women with outstanding loans up to ₹5Lakh in both urban and rural banks have been considered eligible to avail the scheme.[6]
