CM Revanth’s BIG Announcement For Farmers On The Independence Day
Hyderabad, Aug 15 (Maxim News): Chief Minister Revanth Reddy, who participated in the Independence Day celebrations, made a key announcement. He said that his government is committed to implementing the promises made during the elections. He said that the promises given would be implemented without fail.
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He said that Rs. 2 lakh loan will be waived till August 15. He said that as said on that day, till now in two installments Rs. 1.50 lakh have been waived off and the farmers have been brought out of debt. He said that they are going to air the third installment today. He said that loans between Rs. 1.50 lakh to Rs. 2 lakh will be waived today.
Revanth Reddy said that we are waiving the loan of Rs. 2 lakh as per the promise. He said that due to some technical reasons some people could not get a loan waiver, need not worry. It has been announced that special counters will be set up for those who have not received loan waivers. He assured that all those who are eligible will be waived off their loans.
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CM Revanth’s Key Announcement
Chief Minister Revanth Reddy also made a key announcement. He said that the farmer assurance scheme will be started soon. He said that the farmer assurance procedures are being formulated. The previous BRS government provided financial assistance of Rs. 10,000 per acre per year under the Rythu Bandhu scheme to support the farmers financially.
The Congress party which came to power in the recent Telangana Assembly elections will rename the scheme as Rythu Bharosa and provide financial assistance of Rs. 15,000 per acre per year. The party sources said that while the farmers were supposed to receive investment assistance in June and July, the implementation of the scheme has been delayed due to the loan waiver process. But we have to wait and see when the government will release the funds for this scheme. (Maxim News)
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