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Telangana Sarkar’s new record with loan waiver of Rs.31 thousand crores

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Telangana Sarkar’s new record with loan waiver of Rs.31 thousand crores

The Telangana government has made a significant announcement regarding a loan waiver for farmers. Chief Minister A. Revanth Reddy has declared that by August 15, the state will…

The Telangana government has made a significant announcement regarding a loan waiver for farmers. Chief Minister A. Revanth Reddy has declared that by August 15, the state will waive off loans up to Rs. 2 lakh for farmers.

This initiative is part of a larger loan waiver program, which has a total fund allocation of Rs. 31 thousand crores. The government has already started depositing funds into the accounts of eligible farmers, with the first and second installments already completed.

The third and final installment is scheduled for August 15. The Chief Minister, currently on a foreign tour, will return to Hyderabad to oversee the implementation of this program. The government is committed to fulfilling its promise to the farmers and ensuring the success of this loan waiver initiative.

Also Read: https://thecapital.org.in/cm-revanths-good-news-for-the-youth-30750-new-jobs/

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