Madhira/Hyderabad, Aug 22 (Maxim News): Deputy Chief Minister Mallu Bhatti Vikramarka has announced that eligible beneficiaries will be finalized soon for 3,500 Indiramma houses in every constituency and Bhumi Puja will be performed.
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He visited his constituency Madhira in Khammam district on Wednesday after implementing the third and final phase of loan waiver for farmers upto Rs. 2 lakh.
Deputy CM Bhatti’s Address
Addressing a meeting at Jamalapuram in Madhira constituency, the Deputy Chief Minister came down heavily on those indulging in false propaganda on Rs. 2 lakh loan waiver. Those who failed to implement loan waivers in five years dared to talk about those who implemented loan waivers and kept their election promise in the first year of coming to power.
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He clarified that farmers who had taken more than Rs. 2 lakh loan should repay loans over and above Rs. 2 lakh and inform the agriculture department. Then immediately Rs. 2 lakh would be waived for them too. The Congress government had implemented Rs. 2 lakh loan waiver at one go in the State though none in the country had expected it. That too the promise was implemented and completed in the first year itself despite the challenging financial situation in the State.
Giving the timeline, he said the GO on loan waiver was effected in 3 phases from July 17 to August 15, in contrast, the previous BRS government repaid Rs. 1 lakh loan of farmers in four installments from 2014 to 2018, he pointed out. What the previous government provided was just enough to cover the interest. Bankers could not give fresh loans to farmers. When BRS came back to power in the second term, they haphazardly implemented loan waivers for farmers before elections, he recalled. (Maxim News)
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