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Telangana government has launched a new scheme named Telangana crop loan waiver system. The farmers of Telangana will get an advantage from this scheme. In this article, I am going to share all the vital aspects of the Telangana crop loan waiver system for the year 2020.This scheme is known as the Telangana Crop Loan Waiver Scheme and today in this article, we will share with you all the important aspects of the Telangana crop loan waiver scheme for the year 2020.
Today in this article, we will impart all relevant aspects of the Telangana crop loan waiver scheme. Farmers of the state of Telangana will get benefit from this. After reviewing this article, you will know the detailed information about the campaign. Hence, being an author, I will update you about this scheme in aproper way.
Details of the telangana crop loan waiver scheme
As the Telangana government has come with this scheme, farmers have undertaken loans so that they can live life happily. They have no burden to back to the loan of the government. Without taking any financial load, they can grow crops and live life according to their status. On the other hand, they can take loans from any other people. In other words, the objective of this scheme is to provide a loan waiver to the farmers.
Details Of Telangana Crop Loan Waiver Scheme
|Name||Telangana Crop Loan Waiver Scheme|
|Launched by||Telangana Government|
|Beneficiaries||Farmers of Telangana|
|Objective||Providing Loan Waiver|
Telangana Crop Loan Waiver Scheme 2020 Benefits
- Farmers will get up to Rs. 1 lakh rupees from this Scheme.
- Telangana government promised that they give a loan of Rs. 25 000 for the first time.
- Remain balance will be given to the farmers in the next four phases in four years.
The government-sanctioned total budget to Rs.1, 198 crore.
- On the other hand, Rs 24,738 crore is sanctioned for the next four times.
- The government of Telangana earmarked Rs.6, 225 crore in the budget.It is under this scheme.
Implementation of the scheme
- Telangana chief minister has told that the concerned authorities undertake the activities include with the Telangana crop loan waiver scheme. Through this scheme, all farmers are under this scheme. With the help of the prescribed format, the bank will create village –wise lists of farmers. Then, banking authorities will provide the farmers lists to the concerned authorities of the loan waiver scheme.
- On the other hand, district-level bankers will hold a meeting for discussion about it before finalizing eligible farmer’s lists. They will introduce the distribution of cheques to the said farmers.
telangana crop loan waiver Eligible loans
As a farmer, you can take loans that are ideal for farmers from scheduled commercial banks, urban cooperative banks, and regional rural banks.
Not eligible loans:
As a farmer, you cannot take advance of loans against pledge.
If you close your crop loan accounts, you cannot be a part of this scheme.
On the other hand, if you are the members of the joint liability group and Rythu Mithra groups, you will not be eligible for getting loans.
Telangana Crop Loan Waiver Scheme 2020 Eligibility criteria
To be a candidate for this scheme, you must follow the eligibility criteria given below:
The candidate should be a resident of Telangana state.
The candidate must be a farmer by profession.
You can apply this scheme after sanctioned crop loans from ist April 2014 to 11 December 2018.
Application procedure of Telangana Crop Loan Waiver Scheme 2020
The online application procedure for this scheme has not yet been published. So, you have to wait for this. Its online method will launch soon. We will try to update you regarding Telangana online waiver loan scheme.
crop loan waiver scheme in telangana login
|Service Name||Direct Link|
|Application form||Click Here|
|Check Application status||Click Here|
|TS Rythu Runa Mafi Eligibility List||Click Here|
|Telangana Rythu Runa Mafi Scheme||Official Website|