Rythu Runa Mafi List :- friends, if you are also a farmer living in Telangana state and have taken a loan from your bank, then your loan up to Rs 2 lakh will be waived by the Telangana government today on July 18. The government has released the Crop Loan Waiver In Telangana Guidelines 2024 on the clw.telangana.gov.in portal. We have provided you the link to download Crop Loan Waiver In Telangana Guidelines below.
The Telangana government is set to launch farm loan waiver programme on Thursday as part of its poll promise to benefit 70 lakh farmers. Chief Minister A Revanth Reddy had earlier announced that the government will implement loan waiver of up to Rs 2 lakh by August 15. The loan waiver money of up to Rs 1 lakh will be credited to the farmers’ accounts at 4 pm on Thursday.
The chief minister said a total of Rs 7,000 crore will be credited to the accounts of farmers whose loans up to Rs 1 lakh are being waived. Crop loans up to Rs 1.5 lakh will be waived by the end of July and the loan waiver process will be completed in August, when loans up to Rs 2 lakh will be waived.
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Crop Loan Waiver In Telangana Guidelines / Telangana rythu runa mafi details pdf
District wise loan waiver list pdf : The Government vide G.O Rt No.148 dt 17.03.2020 had issued the Guidelines for implementation of the Crop Loan Waiver Scheme-2018.
This scheme will cover short term production loans and crop loans against gold disbursed to farmers in the Telangana State by scheduled Commercial Banks, Cooperative Credit Institutions (including Urban Cooperative Banks) and Regional Rural Banks collectively called as the “Lending Institutions”
crop loan waiver in Telangana guidelines pdf : The Amount eligible for waiver will be upto Rs.1.00 lakh (principal together with applicable interest) per family. The farmer family is defined as head of family, spouse and dependent children.
What is the objective Rythu Runa Mafi List pdf Telangana
The primary objective of the Crop Loan Waiver is to waive off agricultural loans (namely Crop & Gold Loans) of the farmers up to Rs. 1 lakh availed between 1.4.2014 and 11.12.2018. During the year 2019-20, Loan outstanding amount up to Rs. 25,000 will be waived off, and the remaining loan OS amount (from Rs. 25,001 up to Rs.1 lakh) will be waived off in a phased manner
How to see Crop Loan Waiver status and dashboard/reports?
All the users of CLW application (e.g. DCs / LDMs /Bank Admin/ Branch users /AEOs) who logged into CLW portal can view the Dashboard in the Home page. User can see various MIS reports in Reports menu.
Telangana rythu runa mafi details pdf
Taking plight of the farmers into consideration in the state, the Government while giving priority to Agriculture sector has waived off the outstanding loans of all the farmers in the state as on 31.03.2014 earlier.
In the current dispensation, crop loans are usually sanctioned for a period of one year and rolled over at the end of the year on payment of interest. There are hardly, fresh few loans giving cash inflow to farmers thus forcing them to purchase high cost inputs on credit at a very high interest.
The Government of Telangana is convinced that unless this cycle is broken with crop loan waiver, farmers will remain trapped in perpetual indebtedness. Keeping in view this imperative, the Government of Telangana has once again formulated the Crop Loan Waiver Scheme-2018 following announcement made by Hon’ble Chief Minister in this regard. This scheme covers only institutional loans and does not cover loans from non-institutional sourcesThe Government vide G.O Rt No.148 dt 17.03.2020 had issued the Guidelines for implementation of the Crop Loan Waiver Scheme-2018
This scheme will cover short term production loans and crop loans against gold disbursed to farmers in the Telangana State by scheduled Commercial Banks, Cooperative Credit Institutions (including Urban Cooperative Banks) and Regional Rural Banks collectively called as the “lending institutions”.
The Amount eligible for waiver will be upto Rs.1.00 lakh (principal together with applicable interest) per family. The farmer family is defined as head of family, spouse and dependent children.
All crop loans sanctioned/ renewed on or after 01.04.2014 and outstanding as on 11.12.2018 are eligible under the scheme Gold Loans availed from Urban and Metropolitan Banks/Bank branches as Crop Loans shall not be eligible for waiver. However, Loans availed from the Urban/Metropolitan branches, which have rural areas also as their service areas are eligible for Loan waiver.
The farmers who have outstanding loan upto Rs.25,000/- only will be waived off in the 1st Phase.
The Government vide G.O Rt No.206 dt 11.05.2020 had issued the Amendment Guidelines for crediting the benefit to the Loan Accounts of the eligible farmer instead of A/C payee Cheque.
For monitoring the data, Logins have been provided to District Collectors, District Agriculture Officers and for updation of errors Logins have been provided to Agriculture Extension Officers.
