Last Updated on 16/07/2024 by wccexam Desk
Agricultural Loan Waiver: The Telangana government has announced loan waiver for farmers. Thousands of farmers of the state will benefit from this announcement. This brought smiles on the faces of the farmers. Telangana CM Revanth Reddy on Tuesday announced that agricultural loan waiver up to Rs 1 lakh will come into effect from July 18.
CM gave instructions to banks
Chief Minister Revanth Reddy said that this money will be deposited in the loan accounts of the farmers by the evening of July 18. Clear instructions have been given to the bankers not to transfer the amount released for loan waiver to other accounts. He said that if the bankers deposit the amount released by the government for loan waiver in other accounts, strict action will be taken against them.