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The Hindu
The Hindu
National
The Hindu Bureau

State govt. to resume loan waiver to farmers from today

K Chandrasekhar Rao T Harish Rao Rythu Bandhu

The State government has decided to resume the implementation of loan waiver to farmers from Thursday.

Chief Minister K. Chandrasekhar Rao has issued directions to the officials concerned to start the process asserting that his government is committed to the cause of farmers in spite of the obstacles it is facing. The State government would require ₹19,000 crore for completing loan waiver up to ₹1 lakh to farmers.

The Chief Minister held a high-level review meeting on the issue on Wednesday. The State government started implementation of loan waiver after 2018 and farmers’ loans up to ₹35,000 had been cleared. But the process had been stopped due to financial constraints faced by the government.

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