Telangana Government Initiates Crop Loan Waiver Up To Rs 99,000 and Welfare Programs

The Finance Minister of the state, T Harish Rao, announced a significant step towards alleviating the burdens of farmers in Sangareddy. In a press conference on Saturday, he declared the commencement of the waiver of crop loans amounting to Rs 99,000 and above, a move set to provide much-needed relief to the agrarian community.

The announcement was made during the launch of the distribution of BC Bandhu cheques, an initiative aimed at supporting local communities. Minister Harish Rao underlined the government's commitment to easing the financial hardships faced by farmers. He mentioned that the process would start on Monday, signalling a positive change for the agricultural sector.

As part of this endeavour, loans exceeding Rs 1 lakh would also be waived off within the next two weeks. Notably, the government has already taken steps to relieve loans up to Rs 41,000, a gesture that has been well-received by the farming population.

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The event saw the distribution of house sites to 424 beneficiaries across three villages within the Sangareddy constituency. This move is expected to contribute to improved housing and living conditions for the recipients, fostering a sense of security and well-being.

In addition to the loan waiver and housing distribution, Minister Harish Rao presented job regularisation documents to Panchayat Secretaries in Sangareddy District. This measure aims to stabilize employment opportunities in local governance, empowering those who play crucial roles in grassroots administration.

The event was attended by dignitaries including Collector A Sharat and Handloom Corporation Chairman Chintha Prabhakar, who expressed their support for the government's initiatives. The gathering highlighted the collaborative efforts aimed at uplifting various sections of society and driving holistic development.

The announcement of the crop loan waiver and the other welfare programs reflects the state government's dedication to addressing the concerns of its citizens. With these measures in motion, Sangareddy is poised to witness positive changes that could potentially pave the way for a brighter and more prosperous future.

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