“Telangana Announces Rs. 6,098 Crore Crop Loan Waiver for Farmers”

Crop Loan Waiver Scheme 2024: Telangana Government Issues New Guidelines

Hyderabad, 18 July 2024: The Telangana government has issued new guidelines for the Crop Loan Waiver Scheme 2024, under G.O. Rt No.567, dated 15.07.2024. The scheme aims to provide relief to farmer families owning land in the state by waiving crop loans up to Rs. 2 lakh.

A total of 4,276 bank branches affiliated with 32 banks, 9 District Central Cooperative Banks (DCCBs) under the Telangana State Cooperative Apex Bank (TGCAB), and 61 seeded societies belonging to 5 commercial banks have submitted the necessary data for the scheme.

In the first phase of the scheme, initiated today, loan waivers up to Rs. 1 lakh will be provided to each farmer family. This phase will benefit 11,08,171 farmers, amounting to Rs. 6,098.93 crores in loan waivers.

District-Wise Loan Waivers:

• Nalgonda: 83,124 farmers from 78,463 families received a total of Rs. 454.49 crores.
• Andol Constituency: 20,216 farmers from 19,186 families received Rs. 107.83 crores.

Farmers with queries or issues regarding the scheme can contact the Redressal Section of the Director of Agriculture Department or use the IT portal available at Help Centers established at the Mandal level.

Phase 1 District-Wise Abstract:

1. Nalgonda: 83,124 loan accounts, 78,463 families, Rs. 454.49 crores
2. Siddipet: 53,137 loan accounts, 50,295 families, Rs. 290.24 crores
3. Suryapet: 56,274 loan accounts, 52,418 families, Rs. 282.98 crores
4. Sangareddy: 51,167 loan accounts, 48,970 families, Rs. 279.62 crores
5. Nagarkurnool: 47,750 loan accounts, 45,139 families, Rs. 270.04 crores
6. Khammam: 59,172 loan accounts, 52,617 families, Rs. 264.23 crores
7. Vikarabad: 47,048 loan accounts, 44,733 families, Rs. 258.33 crores
8. Rangareddy: 49,961 loan accounts, 47,007 families, Rs. 258.19 crores
9. Medak: 48,864 loan accounts, 45,882 families, Rs. 241.82 crores
10. Kamareddy: 50,097 loan accounts, 45,221 families, Rs. 233.41 crores
11. Nizamabad: 44,469 loan accounts, 41,474 families, Rs. 225.62 crores
12. Mahabubnagar: 39,380 loan accounts, 37,372 families, Rs. 211.15 crores
13. Jagtial: 39,269 loan accounts, 37,438 families, Rs. 207.99 crores
14. Yadadri Bhuvanagiri: 37,285 loan accounts, 35,501 families, Rs. 203.82 crores
15. Karimnagar: 37,745 loan accounts, 35,686 families, Rs. 194.64 crores
16. Nirmal: 30,106 loan accounts, 28,825 families, Rs. 171.77 crores
17. Narayanpet: 28,684 loan accounts, 27,333 families, Rs. 165.45 crores
18. Mahabubabad: 28,585 loan accounts, 27,249 families, Rs. 159.65 crores
19. Wanaparthy: 29,613 loan accounts, 28,010 families, Rs. 156.92 crores
20. Mancherial: 29,421 loan accounts, 27,827 families, Rs. 154.39 crores
21. Jangoan: 26,496 loan accounts, 25,391 families, Rs. 149.69 crores
22. Peddapalli: 29,725 loan accounts, 28,080 families, Rs. 149.43 crores
23. Hanmakonda: 26,369 loan accounts, 25,161 families, Rs. 145.00 crores
24. Jogulamba Gadwal: 24,398 loan accounts, 23,548 families, Rs. 144.09 crores
25. Rajanna Sircilla: 23,986 loan accounts, 22,963 families, Rs. 136.36 crores
26. Warangal: 26,396 loan accounts, 24,626 families, Rs. 134.21 crores
27. Bhadradri Kothagudem: 28,019 loan accounts, 25,101 families, Rs. 132.07 crores
28. Kumuram Bheem Asifabad: 22,000 loan accounts, 21,038 families, Rs. 125.20 crores
29. Adilabad: 18,821 loan accounts, 18,353 families, Rs. 120.79 crores
30. Jayashankar Bhupalpalli: 17,054 loan accounts, 16,266 families, Rs. 94.86 crores
31. Mulug: 12,997 loan accounts, 12,350 families, Rs. 69.97 crores
32. Medchal-Malkajgiri: 2,781 loan accounts, 2,667 families, Rs. 12.53 crores

In total, 11,50,193 loan accounts belonging to 10,83,004 families have been covered, with a cumulative waiver amount of Rs. 6,098.93 crores. The scheme is set to benefit 10,81,866 unique families across Telangana.