Telangana Crop Loan Waiver Scheme for Farmers | Telangana Crop Loan Waiver Scheme | Govt Released Rs 6,000 Crore Fund | రైతులకు తెలంగాణ పంట రుణ విరమణ పథకం | Registration of Telangana Crop Loan Waiver Scheme 2019-20 | Benefits of the Telangana Farm Loan Waiver Scheme
Telangana Govt launched a crop loan waiver scheme for small and marginal farmers in the state. This scheme was announced by CM K Chandrasekhar Rao at the time of the State Budget Presentation for the financial year(FY) 2019-20. The state government has allocated Rs. 6000 crore to waive farm loans.
The Telangana Crop Loan Scheme is a prior promise from the political party of KCR Telangana Rashtra Samiti (TRS). Under this crop loan exemption scheme, the government will abandon farm loans to farmers up to Rs 1 lakh due until December 11, 2018. The goal of the Telangana crop loan waiver scheme is to provide better opportunities for farmers in the state.
Telangana Crop Loan Waiver Scheme 2020
The government has fulfilled its promise to announce the Telangana farm loan waiver scheme. Under this scheme, every farmer in the state with an agricultural loan of up to Rs 1 lakh will be assigned by the Telangana government. This scheme is very similar to PM Kisan Karj Mafi Yojana. Almost every state now focuses on caring for farmers because of voter satisfaction.
Under this scheme, a one lakh rupees loan will be assigned to all small and marginal farmers in the state. At this time, no official website has been launched for this purpose. Through it, farmers can register on this scheme.
Benefits of the Telangana Farm Loan Waiver Scheme
- This scheme will definitely address the problem of suicide due to the debt burden.
- It will provide confidence in in-state farmers.
- This initiative will boost the agricultural sector in the country.
- It will also reduce the burden of the loan on small and marginal farmers.
How to Apply Online for the Telangana Crop Loan Waiver Scheme?
A separate commission will be formed in the state that will decide the guidelines and other parameters for the Telangana Farmer Loan Waiver Scheme Plan. At the moment there is no additional information shared by Telangana Govt about the agricultural. Very soon, the state government will announce full guidelines about the scheme. We will update all the latest information here once the government announces it.
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