Telangana govt to launch farm loan waiver scheme

July 18, 2024 12:16

Telangana government will launch a farm loan waiver programme, part of its poll promise benefitting 70 lakh farmers, on Thursday, official sources said. Chief Minister A Revanth Reddy had earlier announced that the government would implement the loan waiver up to Rs 2 lakh by August 15.

The loan waiver funds up to Rs 1 lakh will be deposited in the farmers' accounts at 4 pm on Thursday. The chief minister said Rs 7,000 crore in total would be credited to the accounts of farmers whose loans of up to Rs one lakh are being waived.

Crop loans of up to Rs 1.5 lakh would be waived by the end of July, and the loan waiver process would be completed in August when loans of up to Rs two lakh are dispensed with. -- PTI

« Back to LIVE

TOP STORIES

BJP's Naqvi against order issued to eateries on Kanwar yatra route

In the backdrop of the Muzaffarnagar police's order asking eateries on the Kanwar yatra route to display their owners' names, senior Bharatiya Janata Party leader and former Union minister Mukhtar Abbas Naqvi on Thursday said it may...

Trump trashed old speech, has new one ready for Milwaukee

Former United States President Donald Trump will focus on national unity and share his personal stories in his acceptance speech on Thursday as the presidential nominee of the Republican Party for the November election, days after he...

Mortar shells from 1971 Indo-Pak war era found in Tripura

At least 27 mortar shells of the 1971 Indo-Pak war period were found in West Tripura district on Thursday, police said.

Your victory unlikely: Obama, Pelosi tell defiant Biden

Former United States President Barack Obama and ex-House Speaker Nancy Pelosi have spoken to President Joe Biden and informed him that his path to victory against his Republican rival Donald Trump has greatly diminished and it might have...

In Pictures - Pope century puts England in command vs Windies

IMAGES from the second Test between England and the West Indies in Nottingham on Thursday.