Telangana Loan Waiver for Farmers: Good news for Telangana farmers – Today, loan waiver will be provided to another 3 lakh farmers.

 Telangana Loan Waiver for Farmers: Good news for Telangana farmers – Today, loan waiver will be provided to another 3 lakh farmers.

Telangana Crop Loan Waiver Scheme: Revanth Govt Ready to Release Funds for 4th Phase of Loan Waiver. CM Revanth Reddy to Make Announcement Today in Mahabubnagar. The Telangana government, led by Chief Minister Revanth Reddy, is preparing to release funds for the fourth phase of the crop loan waiver scheme. Today, in Mahabubnagar, CM Revanth Reddy will make a key announcement regarding this. Reports indicate that the government has already arranged the necessary ₹3,000 crores for the loan waiver. As soon as the CM makes the announcement, the funds will be directly credited to the farmers' accounts.

Telangana Loan Waiver for Farmers

As part of the Praja Palana Vijayotsavalu (People's Governance Victory Celebrations), CM Revanth Reddy will visit Mahabubnagar today. He will participate in the Raitu Pandaga (Farmers’ Festival) event. Authorities have made extensive arrangements for the event, including a large public gathering with farmers. During this event, it is expected that the Chief Minister will make crucial announcements.

CM Revanth's Announcement

The key announcement by the Chief Minister is expected to focus on the loan waiver for farmers. After the successful completion of three phases, the fourth phase of the crop loan waiver will benefit another 3 lakh farmers. These farmers have been waiting for the loan waiver for a long time, but due to some technical reasons, they were previously excluded. With the completion of the family verification process, the government is now ready to include these farmers in the loan waiver scheme.

Recently, Agriculture Minister Tummla Nageshwar Rao mentioned at the Palamuru Raithanna Sabha that loan waiver funds would be released. However, an official announcement had not been made until now. The government has reportedly allocated ₹3,000 crores for the waiver of loans for 3 lakh farmers.

Farmers from all districts are expected to attend the Raithanna Sabha in large numbers. Extensive arrangements have been made by the government for this event. Apart from the loan waiver, there may also be announcements related to the Rythu Bharosa (Farmer Assurance) scheme. Immediately after the CM's announcement, the loan waiver funds will be directly deposited into the accounts of eligible farmers.

Congress Government's Loan Waiver Scheme in Telangana

Since coming to power, the Congress government in Telangana has implemented the ₹2 lakh crop loan waiver scheme. So far, ₹17,869.22 crores have been waived for 22,22,067 farmers in three phases, with the amounts directly credited to their accounts. However, due to some technical issues, many farmers had not received the loan waiver.

In response, the government has collected the required data and spent three months verifying family details. With this verification process now completed, the scheme will be extended to those farmers who were previously excluded. The necessary funds for this have already been prepared. Once the Chief Minister makes the announcement, the funds will be immediately credited to the farmers' accounts.

Praja Palana Vijayotsavalu (People's Governance Victory Celebrations)

The Telangana government has decided to organize Praja Palana Vijayotsavalu from December 1 to 9, with a festive atmosphere across the state. The celebrations will involve the participation of people from all walks of life. The government has directed officials to make grand arrangements for these celebrations.

On December 4, a Vijayotsava Sabha will be held in Peddapalli district with unemployed youth. On this occasion, appointment letters will be distributed to 9,000 candidates selected through Group 4 and other recruitment processes.

From December 1, various development programs, along with inaugurations and foundation stone-laying ceremonies, will take place across different departments. Arrangements are being made for a grand festive atmosphere across the state on December 7, 8, and 9. As part of the celebrations, the Palamuru Raithanna Sabha is being held today.