Warangal:
The state government has waived crop loans totaling Rs 256 crore, benefiting 36,561 farmers in Warangal district. This was announced by Warangal district Collector, Satya Sarada Devi.
She shared the details after a videoconference where Chief Minister A Revanth Reddy launched the second phase of the crop loan waiver in Hyderabad on Tuesday.
In the first phase, the government credited Rs 113 crore to the bank accounts of 22,051 farmers who took crop loans up to Rs 1 lakh. On Tuesday, as part of the second phase, the government released Rs 143 crore to 14,510 farmers who had taken loans up to Rs 1.50 lakh.
Farmers who obtained crop loans between December 12, 2018, and December 9, 2023, are eligible for the loan waiver of up to Rs 2 lakh. The Collector urged bankers and agriculture officials to ensure that the benefits reach the farmers. A grievance cell has been set up in all 13 mandal headquarters of the district to address farmers’ complaints regarding the loan waiver.
Telangana State Cooperative Apex Bank (TSCAB) chairman, Marneni Ravinder Rao, called the crop loan waiver of up to Rs 2 lakh in one go a significant initiative in farming history. He and the Collector distributed cheques to the beneficiaries of the scheme.
Additional collector G Sandhya Rani, agriculture officer Usha Dayal, Lead Bank manager Raju, and horticulture officer Srinivas Rao were also present.
