The Telangana state cabinet has approved a significant proposal to waive up to Rs 2 lakh worth of crop loans per farmer. This decision, fulfilling a commitment by the Congress party, aims to benefit farmers with loans obtained between December 11, 2018, and December 9, 2023. The waiver, which is expected to be implemented by August 15, will cost the state government Rs 31,000 crore. Telangana Deputy CM Bhatti Vikramarka Mallu and Minister Komatireddy Venkat Reddy confirmed the decision after a recent cabinet meeting in Hyderabad. The waiver will be executed in one go.
Telangana government approves Rs 31,000 crore farm loan waiver #Telangana #government #farmloan #RevanthReddy | @nagarjund https://t.co/yRctUdREo5
Telangana government approves Rs 31,000 crore farm loan waiver https://t.co/9q4lpq0b2j
Congress government in Telangana to implement Rs 2 lakh farm loan waiver @umasudhir reports https://t.co/FidgrsJWXp
Watch: Telangana Cabinet has decided to waive off crop loans up to ₹2 lakh per farmer in one go, implementing the Loan Waiver promise for loans obtained between 11.12.2018 and 9.12.2023. This move, initiated when the Congress government took over in Telangana, will cost ₹31,000… https://t.co/aI46oznwed
#Telangana state cabinet approves proposal to waive up to two lakh rupees worth of crop loans for each farmer in the state by August 15. https://t.co/TTL7MeHqET
VIDEO | “As per the commitment of the Congress party, we have decided to waive off (crop) loans up to Rs 2 lakh,” says Telangana Deputy CM Bhatti Vikramarka Mallu (@Bhatti_Mallu) after attending a state Cabinet meeting in Hyderabad. (Full video available on PTI Videos -… https://t.co/q2n0B8IFwz
#WATCH | After the cabinet meeting, Telangana Minister Komatireddy Venkat Reddy says, "Today we have taken only one decision, that is to waive off (farmers') loans up to Rs 2 lakh..." https://t.co/P93bvn82nq https://t.co/ZtBeyQNB80