Telangana state government has introduced another welfare scheme named as Telangana crop loan waiver scheme 2021. Under this scheme government focus to provide crop loan waiver benefits to state farmers. Government is going to waive off crop loan up to 25,000 in the first phase. Government is going to provide crop loan waiver scheme benefits to across 5.83 lakh state farmers. Today in this article we will share you complete information crop loan waiver in Telangana. Also farmers will get complete application procedure, beneficiary list, list of documents, eligibility criteria and other important benefits.
Telangana Crop Loan Waiver Scheme 2021
Government of Telangana is going to provide benefits for short term production crop loan and best gold amounting up-to 1 lakh rupees. With implementation of crop loan waiver scheme, farmers will get some relief from loan amount. This will less down the work load from their shoulders and farmers can focus on their produce. State Farmers who have take any kind of loan (crop loan) will get benefits of crop loan waiver scheme.
Key details of Crop Loan Waiver Scheme 2021
|Name of scheme||crop loan waiver scheme|
|Launched by||State Govt. Telangana|
|Benefits||Provide Loan Waiver|
Implementation procedure of Crop Loan Waiver Scheme in Telangana
We all know that Telangana government has announced various welfare schemes for the upliftment of state people. For smooth implementation of Telangana crop loan waiver scheme 2021, government will develop online portal. State government has promised to be waive off crop loan up to Rs. 25000 in the first phase. Under this loan waiver scheme government going to babe of loan upto 1 lakh rupees in the five pahses. The incentive amount of 25000 to 100000 rupees in next 4 pahses. Government has sanctioned Rs 24,738 crore for smooth implementation.
Following candidates are eligible to get the benefits of Crop loan waiver scheme.
- The applicant must be permanent resident of Telangana state.
- Candidate must be a farmer by profession.
- The Candidate is applicable for crop loan sanctioned from first April 2014 to outstanding till 11 December 2018.
- Short run production loan and crop loan against gold given by scheduled commercial bank, cooperative credit institution including urban cooperative banks and regional rural banks are eligible.
Following Loans Not considerable under crop loan waiver scheme
- Advance against pledge
- Standing crops
- Tie up loan
- Closed crop loan account
- Loan to joint liability group
- Rythu Mitra groups (RMGs)
- Aadhar card
- Voter ID card
- Address proof
- Mobile number
- Bank account
- Passport size photographs
Application procedure for Telangana crop loan waiver scheme 2021
Application need to wait for official announcement and application guideline. Complete application procedure will be described after the official announcement made by concerned authorities. Till then you just need to wait for official announcement and complete information will be available on the same page.
Conclusion: I hope you will get complete information regarding the scheme. For more details stay in touch with us and get latest updates.