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Telangana Crop Loan Waiver Scheme 2024
July 24 , 2024
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- The Telangana government has launched the first phase of the farm loan waiver scheme.
- Rs 6,098 crore being credited into the accounts of over 11 lakh farmers, whose loans up to Rs 1 lakh would be waived off.
- This marks the largest loan recovery in the country.
- The rollout of the loan waiver scheme would be completed in two other phases.
- A total of Rs 31,000 crore worth of farm loan waiver will benefit close to 50 lakh farmers in Telangana.
- In August, the state government will release funds into the accounts of farmers who have loans up to Rs 2 lakh.
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