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Revanth Reddy farm loan waiver

CM Revanth Reddy’s key comments on farm loan waiver

by rtvenglish
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New Delhi: Telangana Chief Minister Revanth Reddy has announced that guidelines for a farm loan waiver, providing relief of up to Rs 2 lakh per farmer, will be unveiled within four days. He clarified that eligibility for the waiver would be determined not by ration cards but by other means of family identification, primarily through passbook records. He emphasized that once the loan waiver is implemented, the government will pivot its focus towards initiatives like Rythu Bandhu and other agricultural welfare schemes aimed at supporting farmers.

In preparation for the upcoming state budget session, scheduled shortly after the Union Budget presentation, Revanth Reddy has directed officials to draft a budget aligned with realistic fiscal expectations. He stressed the importance of avoiding overestimations and ensuring that budgetary calculations remain pragmatic and feasible.

Additionally, the assembly agenda will include deliberations on issues concerning mandals, revenue divisions, and the establishment of a commission following thorough discussions. Discussions related to the Kaleswaram project and the recommendations from the dam safety authority will also be addressed during the assembly sessions under Revanth Reddy’s leadership.

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