Telangana farmer loan waiver Archives - Vizag One https://www.vizagone.com/tag/telangana-farmer-loan-waiver/ Visakhapatnam - City of Destiny Sun, 10 Nov 2024 01:53:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://www.vizagone.com/wp-content/uploads/2023/11/cropped-vizagone-logo-500x500-jpg-32x32.jpg Telangana farmer loan waiver Archives - Vizag One https://www.vizagone.com/tag/telangana-farmer-loan-waiver/ 32 32 Congress Government’s Grand Plans for One-Year Celebrations: Revanth Reddy’s Promise to Farmers https://www.vizagone.com/news/congress-governments-grand-plans-for-one-year-celebrations-revanth-reddys-promise-to-farmers/ https://www.vizagone.com/news/congress-governments-grand-plans-for-one-year-celebrations-revanth-reddys-promise-to-farmers/#respond Sun, 10 Nov 2024 01:53:08 +0000 https://www.vizagone.com/?p=34564 As the Congress government in Telangana celebrates its one-year anniversary, it is preparing for grand victory celebrations and fulfilling key promises. CM Revanth Reddy aims to address opposition allegations by delivering on the much-awaited Rythu Bharosa scheme for farmers, in addition to earlier loan waivers.

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Congress Government’s Grand Plans for One-Year Celebrations: Revanth Reddy’s Promise to Farmers

Hyderabad, November 10: As Chief Minister Revanth Reddy and the Congress government in Telangana prepare to mark their one-year anniversary, grand celebrations are being planned to highlight the achievements of the year. With public victory celebrations scheduled from November 14 to December 9, the government is eager to address its critics and showcase its accomplishments.

A Focus on Farmer Welfare

The Congress government is already making headlines for its significant promises to farmers. One of the most notable achievements was the loan waiver program, which relieved about 22 lakh farmers from Rs. 18,000 crore in debts. Additionally, the government announced that another Rs. 13,000 crore will soon be deposited into farmers’ accounts, further boosting their financial security.

However, there has been growing opposition criticism regarding the promise of Rythu Bharosa, a financial aid scheme to support farmers. Despite promises made during the election, farmers are still waiting for the Rs. 15,000 per acre assistance. The opposition has raised concerns that this promise has not been fulfilled, even after the government completed one year in office.

Rythu Bharosa: A Promised Fulfillment

To address these concerns, the Revanth government is making significant efforts to fulfill the Rythu Bharosa promise before the end of the year. The finance department has been directed to begin the disbursement process, and the government aims to start distributing funds from 1 acre of cultivated land. The goal is to complete the distribution by December and provide farmers with the long-awaited financial assistance.

According to government plans, **farmers with land up to 7 to 8 acres will be eligible for this assurance. The government is working closely with the Cabinet Subcommittee to finalize the guidelines, ensuring that the funds will only be allocated to actively cultivated lands.

The Financial Impact

Telangana has a total of 1.39 crore acres of cultivated land. The estimated funds required to implement Rythu Bharosa across the state amount to about Rs. 7,000 crore. To meet this, the government plans to distribute between Rs. 1,500 crore to Rs. 2,000 crore every 10 days, with the aim of depositing at least Rs. 7,000 crore into farmers’ accounts within the next 45 days.

A Grand Conclusion to the Year

As part of the public victory celebrations, the Congress government intends to showcase its efforts to ensure the welfare of the farming community. The Rythu Bharosa scheme is expected to play a central role in these celebrations, along with other government initiatives aimed at improving the lives of citizens.

This grand initiative is not only an effort to fulfill campaign promises but also an attempt to silence the growing opposition voices and boost public morale in the farming community. The government hopes to recover the political mileage lost in earlier controversies by ensuring that the Rythu Bharosa scheme is effectively implemented and delivers the promised benefits to farmers.

In the coming weeks, Revanth Reddy and the Congress government will face increased scrutiny, but their actions—if successful—may cement their legacy of farmer-focused governance in Telangana.

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Chief Minister Revanth Reddy Clarifies Two Lakh Farmer Loan Waiver in Telangana https://www.vizagone.com/news/chief-minister-revanth-reddy-clarifies-two-lakh-farmer-loan-waiver-in-telangana/ https://www.vizagone.com/news/chief-minister-revanth-reddy-clarifies-two-lakh-farmer-loan-waiver-in-telangana/#respond Thu, 29 Aug 2024 00:53:34 +0000 https://www.vizagone.com/?p=25540 Chief Minister Revanth Reddy sheds light on the intricacies of the two lakh farmer loan waiver in Telangana, emphasizing eligibility conditions and addressing concerns over loan amounts exceeding two lakhs. The article delves into the challenges faced by farmers during the implementation of the scheme and the criticism directed towards former ministers KTR and Harish Rao.

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Chief Minister Revanth Reddy reiterated the details surrounding the two lakh farmer loan waiver scheme in Telangana, emphasizing that the conditions for eligibility apply to loans exceeding two lakhs. In a recent statement, CM Revanth also criticized former ministers KTR and Harish Rao for their handling of the loan waiver issue.

Revanth Reddy’s administration fulfilled the Congress party’s election promise by implementing the two lakh farmer loan waiver, disbursing the funds in three installments to farmers’ accounts. Despite these efforts, some farmers faced challenges receiving the waiver due to discrepancies in documentation such as ration cards, Aadhaar cards, and Pattadar passbooks. Additionally, farmers with loans exceeding two lakhs expressed concerns over the lack of waiver, leading to protests.

Addressing these issues, CM Revanth clarified that loans above two lakhs would be subject to the waiver upon repayment. He assured that all eligible farmers would receive the benefit and announced that over 17 thousand 933 crores had been deposited thus far. To address outstanding grievances, farmers were urged to submit their concerns at Collectorates for resolution.

In a separate development, CM Revanth Reddy admonished KTR and Harish Rao for their approach to the loan waiver, accusing them of misleading farmers. Harish Rao’s challenge to the waiver process was met with criticism, with allegations that he failed to fulfill his commitment to resign if the loans were not waived. CM Revanth called for improved coordination and data collection efforts between Harish Rao, KTR, and the Collectorate to streamline the loan waiver process.

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