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July 16, 2024 8:14 AM

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Telangana government issued GO listing out guidelines for implementation of crop loan waiver

Telangana government has issued a government order (GO) listing out the guidelines for implementation of the crop loan waiver. As per the GO, the waiver will be limited to two lakh rupees per farmer family and the food security card issued by the Civil Supplies department will be considered as a parameter to define a farmer’s family. The waiver will be applicable to short term crop loans obtained between December 12th, 2018 and December 9th, last year obtained from scheduled commercial banks, rural banks and district cooperative banks. Under the loan waiver programme, farmers will have to pay the excess loan amount to the banks and the remaining two lakh rupees will be deposited into the farmer’s loan account. The Agriculture Commissioner will be the implementing authority and the National Informatics Centre will be IT partner for the implementation.

 

The state government will operate an exclusive portal for implementation of the farm loan waiver and all the details, including each farmer’s loan account, data validation, eligibility and others will be made available in the portal. A grievance cell will also be set up to address complaints raised by farmers.