As announced by him on Thursday, senior BRS leader and former minister T. Harish Rao went to the Martyrs’ Memorial in front of the Assembly with his resignation letter on Friday and handed it over to a few journalists.
He asked them to forward it to the Assembly Speaker in case the State Government implemented 100% loan waiver up to ₹2 lakh each to farmers having outstanding loans and six guarantees as promised by Chief Minister A. Revanth Reddy. Recently, during an election meeting, the latter vowed to implement the loan waiver by August 15.
Mr. Harish Rao stated that initially, the Congress party had promised to implement the ₹2 lakh loan waiver with Mr. Reddy asking farmers who had not borrowed fresh loans to get ₹2 lakh as his party would come to power and he would sign it as the first file immediately after taking oath as the Chief Minister on December 9 last year, and the remaining guarantees within 100 days of coming to power by giving them legislative backing.