Menu

Farmers’ loans to be waived, says Telangana CM

The chief minister also announced that white ration cards would not be mandatory for availing loan waivers.

BySouth First Desk

Published Jul 17, 2024 | 6:00 PMUpdatedJul 17, 2024 | 6:00 PM

Revanth Reddy at the collectors conference

Telangana CM Revanth Reddy on Tuesday announced that farmers’ ₹2 lakh loan waiver will commence from 18 July. He also announced that white ration cards would not be mandatory for availing loan waivers. To begin with, loans up to ₹1 lakh would be waived but all loans would be waived at one go. He asked banks to credit the amount into loan accounts.

Read the full story here