3 months ago
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MSME and SERP Minister Kondapalli Srinivas has said that the authorities has allocated ₹1,877 crore for implementation of agrarian poorness alleviation programmes done the Society for Elimination of Rural Poverty for the fiscal twelvemonth 2026–2027.
The allocation is ₹143 crore higher than the erstwhile twelvemonth and reflects the government’s committedness to empowering women successful Self-Help Groups and strengthening agrarian livelihoods.
In a property release, Mr. Srinivas said ₹465 crore has been earmarked towards salaries and honorariums of SERP staff, outsourced employees and colony assistants, too attraction of SERP and DRDA offices.
He said the Deendayal Antyodaya Yojana National Rural Livelihoods Mission has been allocated ₹818 crore, the Start-up Village Entrepreneurship Programme ₹72 crore, Mahila Kisan Sashaktikaran Pariyojana ₹30 crore and Rural Self Employment Training Institutes ₹15 crore.
Mr. Srinivas noted that Chief Minister N. Chandrababu Naidu has suggested expanding the SERP fund by up to ₹1,200 crore, depending connected the existent allocations received by the State nether the National Rural Livelihoods Mission.
He said the authorities is focusing connected improving the livelihoods of SHG members and creating sustainable employment opportunities, with a full projected expenditure of ₹3,000 crore successful 2026–2027.
Efforts are nether mode to alteration astir 5 lakh women into entrepreneurs nether the One Family One Entrepreneur inaugural and to fortify Farmer Producer Organisations, helium added.
