The Andhra Pradesh government on November 21 released ₹161.86 crore towards the fourth tranche of compensation to the fishermen who had lost their livelihood due to the pipeline work of the Oil and Natural Gas Corporation (ONGC) in the Konaseema and Kakinada districts.
Chief Minister Y.S. Jagan Mohan Reddy released the amount at his camp office, at Tadepalli, near here. The ONGC is footing the compensation bill.
The compensation, which was for the six-month period from January to June this year, was directly credited into the bank accounts of 23,458 fishermen families of both the districts. Each family would get ₹11,500 per month. With this, the total amount paid to the fishermen so far was ₹485 crore.