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Telangana latest news : The Congress which came to power in Telangana is fulfilling all the promises made in the election one by one. CM Revanth said that the loan waiver will be completed in three phases by August.
At 4 pm on Thursday Rs. 7 thousand crores loan waiver will be deposited in farmers’ accounts. CM Revanth Reddy made it clear that the aim of the Congress government is to provide debt relief to every farmer. Chief Minister Revanth Reddy, Deputy CM Bhatti, ministers, MLAs and MPs participated in the meeting of Congress leaders at Praja Bhavan in Hyderabad. The CM reviewed the governance of the last 7 months.
Today (Thursday) we will release funds for farmer loans up to Rs. Loans up to Rs 1.5 lakh will be waived before the end of this month. Farmer loans up to Rs 2 lakh waived off in August. That the government is sincere about the loan waiver of farmers..in one installment of Rs. CM Revanth Reddy said that they are waiving off loans up to 2 lakhs.
The Revanth Reddy government is keeping its promise on farmer loan waiver. It is ready to pay the loans to the farmers within the scheduled time. During the 7 months of the government, under the loan waiver for the farmers of the state, Rs. 30 thousand crores is being spent. Amid doubts as to how it will bring in such a huge sum, it is spending only the revenue received by the state from other sources as well as the loans taken under the APRBM. 7 thousand crore rupees is being paid for the first tranche of farmer loan waiver on Thursday, July 18, from the cash thus secured.
If the first tranche of loan waiver is being paid on July 18, the second tranche will be paid by the end of the month. Those who have more than two lakh will be paid next month i.e. in August. It seems that the entire funds have been kept ready in the state treasury.
