Telangana: CM Revanth Reddy announces to waive farm loans of up to Rs 2 lakh by August
July 28, 2024 23:11 ISTTelangana CM Revanth Reddy also hit out at the BRS and asked his party workers to prepare for local body elections to be held this year.
Telangana CM Revanth Reddy also hit out at the BRS and asked his party workers to prepare for local body elections to be held this year.
Earlier a farm loan waiver of Rs 2 lakh was promised by the Revanth Reddy government during the state assembly elections. However, the amount has been slashed to half in the latest announcement.
Tamil Nadu government on Friday announced a Rs 12,110 crore farm loan waiver in the State assembly.
The newly-formed Shiv Sena-NCP-Congress government has announced a loan waiver of up to Rs 2 lakh for farmers with a cut-off date of September 30, 2019. The scheme is applicable to non-defaulting farmers who have an outstanding of Rs 2 lakh or more.
The Congress snatched power from the BJP in all the three states – Rajasthan, Madhya Pradesh and Chhattisgarh – in the just-concluded Assembly elections.
With the waiver scheme imposing a huge burden on the exchequer, he also announced proposals to mop up additional resources, including increase in the rate of tax on petrol by Rs 1.14 per litre and diesel by Rs 1.12 per litre.
New Delhi, Jan 27: The BJP yesterday slammed the government over the CAG report stating that its farm loan waiver scheme has benefited the wrong people and did not reach the intended farmers, and announced
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