Telangana Crop Loan Waiver Scheme:- The Telangana government has launched a new scheme to help all the farmers in the state of Telangana. This scheme is known as Telangana Crop Loan Waiver Scheme and today in this article we will share with you all the important features of Telangana Crop Loan Waiver Scheme for 2024.
In this article we will discuss the important features and find out if a farmer in Telangana or state. Read this article to learn all the important details about the system.
Objective Of Telangana Crop Loan Waiver Scheme(తెలంగాణ పంట రుణాల మాఫీ పథకం లక్ష్యం)
The main objective of the Telangana crop loan waiver scheme is to waive off the loans of those farmers who are not in a state to pay them back. With the help of this scheme, the farmers of Telangana will become free of the financial burden and will be able to live their lives happily.
Under this scheme, the loan waiver will be given up to Rs 100000. Now with the help of this scheme, the farmers of Telangana state will become free of the financial burden and will be able to carry out their farming activities happily.
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 |
| Official Website | – |
Benefits Of Ts Crop Loan Waiver Scheme
The loan waiver is available up to Rs. 1 lakh to farmers in five stages. The state government has promised to waive crop loans of Rs. 25000/- in the first phase The remaining incentives will be given from Rs. 25000/- to Rs. 1 lakh in the next four installments over four years.
In the first phase, the government has allocated a budget allocation of Rs. 1,198 million. 24,738 crore has been sanctioned for the next four tranches. The state government had allocated Rs 6,225 crore under the scheme to the first phase
Telangana Crop Loan Waiver Scheme Statistics
| Banks | 42 |
| Branches | 3351 |
| Districts | 33 |
| Mandals | 589 |
| Clusters | 2802 |
| Villages | 12920 |
Eligible Loans
- Short-term production loans
- Crop loans against gold given by-
- Scheduled commercial banks
- Cooperative credit institutions including-
- Urban cooperative banks
- Regional rural bank
Eligibility Criteria for Telangana Crop Loan Waiver Scheme
Applicant should be a resident of Telangana State The applicant must be a farmer by occupation This provision applies to all those crops approved for credit after April 1, 2014 and remains available until December 11, 2018
Users of CLW portal
- Secretaries of Agricultural and Finance Department
- District collectors
- District agriculture officials
- LDMs
- AEOs
- Bank and branch managers
Application Procedure Of Telangana Crop Loan Waiver Scheme
- First of all go to the official website of the crop loan waiver scheme.
- The home page will open before you
- On the homepage, you are required to click on apply now
- Now application form will open before you
- You have to enter all the required information like your name, address, email, mobile number, bank account details etc in this application form
- After that, you have to attach all the required documents
- Now you have to click on submit
- By following this procedure you can apply for crop loan waiver scheme
Telangana Kalyana Lakshmi Scheme 2024
FaQ
Q.What is the Objective Of Telangana Crop Loan Waiver Scheme ?
Ans.The main objective of the Telangana crop loan waiver scheme is to waive off the loans of those farmers who are not in a state to pay them back. With the help of this scheme, the farmers of Telangana will become free of the financial burden and will be able to live their lives happily.
Q.What is the Benefits Of Ts Crop Loan Waiver Scheme ?
Ans.The loan waiver is available up to Rs. 1 lakh to farmers in five stages. The state government has promised to waive crop loans of Rs. 25000/- in the first phase The remaining incentives will be given from Rs. 25000/- to Rs. 1 lakh in the next four installments over four years.
Q.What is the Eligibility Criteria for Telangana Crop Loan Waiver Scheme ?
Ans.Applicant should be a resident of Telangana State The applicant must be a farmer by occupation This provision applies to all those crops approved for credit after April 1, 2014 and remains available until December 11, 2018
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