Telangana government has taken another big decision on behalf of the farmers. The Telangana government waived off crop loans worth Rs 27,718 crore. Since the state was formed, this wave off is the highest for any state. In addition, the state government will spend another Rs 28,000 crore under the farmer's bandhu and directly benefit the farmers since the launch of the novel scheme.
On Wednesday an informal conversation was held with the media in Telangana Bhavan. In this interaction, it and industry minister and TRS working president K T Rama Rao addressed the media. While opposition parties have been accusing the state government of implementing loan waiver for political mileage, the Reserve Bank of India (RBI) in its report clearly stated that the Telangana state government had waived most crop loans. Country.
Despite the crisis due to the Covid-19 epidemic, the state government has released Rs 7,200 crore for the farmer's bandhu, Rs 1,142 crore for Ritu Insurance and Another Rs 14,000 crore for loan waiver. The Minister said rs 56,000 crore was distributed directly into the beneficiary's bank accounts.
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