Home » Telangana Cabinet Meet: Farmers’ Schemes and Budget Talks

Telangana Cabinet Meet: Farmers’ Schemes and Budget Talks

by Naveen
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The Telangana state cabinet is scheduled to convene tomorrow, with all ministers gathering at the Secretariat, chaired by CM Revanth Reddy. According to their election promise, the cabinet would most likely discuss and approve procedures for the farmer debt relief scheme. They will also look into establishing the Rythu Bharosa Scheme, which would replace the current Rythu Bandhu Scheme, as well as arranging budget sessions in the Legislative Assembly.

CM Revanth Reddy is diligently working on the farmer debt waiver and hopes to finish it by August 15, as promised during the election. Officials have established a plan to carry out this in three or four phases, beginning on July 15 and continuing until August 15. According to sources, the first installment will cover loans of up to Rs.50,000, the second up to Rs.75,000, the third up to Rs.1 lakh, and the fourth up to Rs.2 lakh. However, no formal notification has been made yet.

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