Economy
Andhra Pradesh farmers pay ₹1.50 per unit for electricity under new subsidy scheme
What happened
Farmers in Andhra Pradesh cultivating aquaculture now pay a subsidized rate of ₹1.50 per unit for electricity, following a state government initiative launched on August 12, 2026. The scheme targets eligible aqua ryots to reduce operational costs and boost the sector’s viability.
Key facts
The subsidized electricity rate for eligible aqua ryots is ₹1.50 per unit, a significant reduction from standard rates.
The scheme was announced and implemented on August 12, 2026, by the Andhra Pradesh government.
The initiative specifically targets aquaculture farmers (aqua ryots) in the state.
The move aims to reduce operational costs for fish and shrimp farmers in Andhra Pradesh.
The subsidy is part of broader state policies to support agriculture diversification and rural economies.
Context
- Andhra Pradesh is a leading state in India’s aquaculture sector, contributing to fish and shrimp production.
- Farmers in the state previously faced high electricity tariffs for aquaculture operations, impacting profitability.
- The state government has introduced targeted subsidies to support agriculture and allied sectors in recent years.
Why it matters
- Supports farmers in aquaculture, a growing sector in Andhra Pradesh with significant employment and export potential.
- Reduces input costs for aquaculture producers, potentially improving profitability and sustainability.
- Aligns with state efforts to promote agriculture diversification and rural livelihoods.