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    You are at:Home » ONGC Pipeline | Andhra Pradesh CM Jagan Mohan Reddy Releases Compensation Of ₹161.85 Crore To Fishermen

    ONGC Pipeline | Andhra Pradesh CM Jagan Mohan Reddy Releases Compensation Of ₹161.85 Crore To Fishermen

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    By Navel Kumar on November 22, 2023 PSU

    The Hindu

    The State government has released ₹161.86 crore to the fishermen who lost their livelihood due to pipeline works of the Oil and Natural Gas Corporation (ONGC) in Dr. B.R. Ambedkar Konaseema and Kakinada Districts. The compensation is being paid by the ONGC through the State Government

    Chief Minister Y. S. Jagan Mohan Reddy released the amount of ₹161.86 crore compensation by pressing a button at his camp office at Tadepalli, near Vijayawada, on November 21. This is the fourth installment of the compensation being paid to the fishermen there. The compensation is for six months from January to June this year. The amount is directly paid into the bank accounts of 23,458 fishermen families of Dr. B.R. Ambedkar Konaseema and Kakinada Districts. Each family would get ₹11,500 per month , totalling ₹69,000 for six months. The fishermen were paid ₹323 crore in three installments earlier. With the release of the fourth installment, the fishermen were paid a total of  ₹485 crore till date.

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