KCR to announce loan waiver scheme on August 15
The Hindu
A meeting of State government with 42 bankers was informed on Friday that Chief Minister K. Chandrasekhar Rao would formally announce crop loan waiver in the range of ₹ 25,000 to ₹50,000 on August 15.
A meeting of State government with 42 bankers was informed on Friday that Chief Minister K. Chandrasekhar Rao would formally announce crop loan waiver in the range of ₹ 25,000 to ₹50,000 on August 15. In the first phase, the government had waived all loans borrowed by farmers up to ₹ 25,000. A Cabinet meeting recently decided to waive loans above ₹ 25,000 and below ₹ 50,000 this year. Friday’s meeting chaired by Finance Minister T. Harish Rao was a sequel to this decision. Addressing the meeting, Mr. Harish Rao asked the bankers to ensure that the loan accounts of farmers showed zero balance after the government released the money from August 16. The farmers should be eligible for fresh loans after that. The money released by government should not be adjusted against any other debit balances of farmers.A crowd comprising farmers, researchers, professors, students, and horticulture enthusiasts thronged the ICAR-Indian Institute of Horticultural Research (IIHR), Hesaraghatta, Bengaluru, on Friday for the inaugural ceremony of the Triphal Diversity Show which showcased 300 mango, 100 jackfruit, and 100 banana genotypes in collaboration with ICAR-National Research Centre for Banana, Tiruchirappalli.
The State government on Friday constituted a Special Investigation Team (SIT), headed by Additional Director-General of Police, Manish Kharbikar of the Economic Offences division of the Criminal Investigation Department (CID) to probe the alleged multi-crore scam in the government-run Maharshi Valmiki Scheduled Tribes Development Corporation.