Telangana Crop Loan Waiver Scheme:- The government of Telangana initiated the Telangana Crop Loan Waiver Scheme 2025. The Telangana state government initiated the Telangana Crop Loan Waiver Scheme 2025 to forgive the crop loans of farmers in the state.
Through this program, all farmers with pending loans in Telangana will receive assistance by having their loans canceled. Under this plan for 2025, farmers can qualify for crop loan waivers of up to INR 2 lakh. All candidates meeting the eligibility requirements can access the official website and complete the application form online.
Telangana Crop Loan Waiver Scheme Overview Table
Name of the article | Telangana Crop Loan Waiver Status |
Launched By | Government of Telangana |
Department under | Department Of Agriculture, Government of Telangana |
Beneficiary | Telangana Farmers |
Objective | To waive off the Crop loan |
Application Mode | Online |
Telangana Crop Loan Waiver Scheme Notification
The State government released a government order, GO Rt. No 567, on Monday outlining the protocols for implementing the crop loan waiver. The exemption would be limited to Rs. 2 lakhs for every farmer’s household, according to the General Order. A family of farmers would rely on the food security card database from the Civil Supplies Department as a standard.
Agricultural loans with a short-term duration obtained from December 12, 2018, to December 9, 2023, would fall under this category. Loans received from district cooperative banks, rural banks, and scheduled commercial banks would be omitted from the waiver.
This strategy seeks to assist all farmers in the state of Telangana who have pending loans by eliminating them.
Telangana Crop Loan Waiver Scheme Features
- The key features of the program are outlined here.
- Intended recipients of the program: The proposed system will benefit farmers in Telangana. The State Government will provide financial support to the farmers in the State.
- The funds designated for the scheme: The earlier allocated amount Rs. 4,000 per acre for a crop has risen to Rs. 5,000 for every acre cultivated with a crop. As a result, the overall spending has risen from Rs. 8,000 rupees. 10,000 over the course of a year.
- The budget distribution for the program: The government has announced an amount of Rs. 6 crores for the successful execution of the project.
- The program was initiated by the Chief Minister in the State Budget for 2019-20.
- Criteria for eligibility of the scheme: The scheme is applicable to all farmers in the State who obtained agricultural loans prior to December 7, 2018
Telangana Crop Loan Waiver Scheme Eligibilty
- To qualify for the program, you must meet the eligibility requirements outlined below:
- The applicant must reside in the state of Telangana.
- The candidate needs to be a farmer as their profession.
- This program applies to all crops that authorized the loan amount post 1st April 2014 and remain unpaid until 11 December 2018
Telangana Crop Loan Waiver Scheme Documents
- Aadhar Card
- Email ID
- Mobile Number
- Address Proof
- PAN Card
Telangana Crop Loan Waiver Scheme Online Apply
- STEP 1: All applicants meeting the eligibility requirements can go to the official Crop Loan website to apply online for the Telangana Crop Loan Waiver Scheme 2025.
- STEP 2: After accessing the home page of the official website, the applicant needs to input their username, password, and captcha code.
- STEP 3: Once the applicant has entered the required credentials, they must select the login option.
- STEP 4: A new window will pop up on your desktop where the applicant needs to fill in all required information and upload all essential documents on the application form.
- STEP 5: Once all information is entered, the applicant should promptly review it and select the submit option to finalize their process
FAQ
1.Which state initiated the Crop Loan Waiver Scheme 2025?
The government of Telangana initiated the Telangana Crop Loan Waiver Scheme 2025.
2. Who qualifies to benefit from the Telangana Crop Loan Waiver Scheme 2025?
Are all permanent residents of Telangana state
3. What amount of loan will be forgiven under the Telangana Crop Loan Waiver Scheme 2025?
Under the Telangana Crop Loan Waiver Scheme 2025, a loan amount of INR 2 lakh will be forgiven
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