Loan waiver of farmers in Telangana: Farmers in Telangana are going to get a big gift. Telangana CM A Revanth Reddy has announced the waiver of farmers’ loan of Rs 2 lakh. He said, a loan waiver of Rs 2 lakh for farmers will be implemented soon.
Chief Minister A Revanth Reddy said after the state cabinet meeting that farmers who have taken loans up to Rs 2 lakh between December 11, 2018 and December 9, 2023 will be waived in one go.
Telangana Chief Minister A Revanth Reddy said on Friday that a loan waiver of Rs 2 lakh for farmers will be implemented soon. After the state cabinet meeting, CM Reddy said that farmers who have taken loans up to Rs 2 lakh between December 11, 2018 and December 9, 2023 will get a lump sum…
Details of loan waiver will be released soon
Chief Minister A Revanth Reddy said that the details of the loan waiver, including the eligibility conditions, will soon be announced through a government order (GO). Chief Minister A Revanth Reddy further said that this will put an additional burden of about Rs 31,000 crore on the state treasury.
Targeted the BRS government
During this, Chief Minister A Revanth Reddy targeted the previous BRS government and said, ‘The previous BRS government did not honestly implement its promise of loan waiver of Rs 1 lakh. Because of them, farmers and agriculture were in crisis. He further said, ‘His government is fulfilling its election promise of agricultural loan waiver of Rs 2 lakh.’
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