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The Hindu

National

R. Ravikanth Reddy

Cong. assures ₹2 lakh farm loan waiver at one go

Revanth Reddy MGNREGA Telangana Congress

Sounding the poll bugle a bit early and quite strongly, Telangana Congress announced waiver of farm loans of ₹2 lakh at one go and increase in paddy support price to ₹2,500 per quintal as soon as the Congress comes to power.

Announcing this at the Warangal farmers’ meeting attended by Rahul Gandhi on Friday, Telangana Congress president Revanth Reddy said that under the Indiramma Rythu Bharosa scheme, they would provide an investment support of ₹15,000 per acre, per annum, to both land owners as well as tenant farmers. This is to replace the present Rythu Bandhu scheme.

Warangal declaration

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