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Third Phase Of Crop Loan Waiver To Be Launched On Aug 15

CM Revanth Reddy will launch the third phase of the crop loan waiver, for farmers with loans of upto Rs 2 lakh, at Wyra in Khammam district on August 15.
Hyderabad | 6th August 2024
Chief Minister Revanth Reddy will launch the third phase of the crop loan waiver, for farmers with loans of upto Rs 2 lakh, at Wyra in Khammam district on August 15.

On the same day, the CM will also inaugurate the Sitarama project in the district.

Announcing this to the media at the Secretariat, Minister for Agriculture Tummala Nageswara Rao also said that due to technical reasons money could not be deposited in the accounts of about 30,000 farmers, and that the mistakes would be rectified and all those who were eligible would receive the waiver as early as possible.

Expressing anger at the BRS and BJP leaders for collecting the details of those farmers who didn't get the benefit of the loan waiver and then making allegations based on them, the minister accused the opposition leaders of throwing mud at the State government even though the loan waiver process was still underway.

"The loan waiver will be applicable to those farmers who meet the cutoff date announced by the State government," he added.

Alleging that the loan waiver process was not done properly in the previous BRS government, the minister said that before the Assembly elections, the BRS government had tried to waive off the crop loans after selling the Outer Ring Road (ORR) for Rs 7,000 crore.

On the implementation of the Rythu Bharosa scheme, Rao said that the State government was collecting opinions from all stakeholders, and that the process of preparing guidelines was yet to be completed.
filed in:  Telangana, Agriculture, Farmers, Loans, Loan Waivers, Revanth Reddy, Thummala Nageswara Rao
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