Telangana Crop Loan Waiver Scheme 2023: Registration & Guidelines & Much More !
Telangana Crop Loan Indemnity Programme: Another plan that the Telangana government has developed will help all of the state’s farmers. This programme is called the Telangana Crop Loan forgiveness Scheme, and we will go over all the key details of the Telangana crop loan forgiveness programme for the year 2023 with you in this post. We shall talk about the things in this article that farmers in the state of Telangana should be aware of. You will be able to understand all of the Scheme’s important aspects after reading this page.
Telangana’s Crop Loan Waiver Scheme’s Purpose
Farmers who are unable to repay their loans will have their debts forgiven as part of the Telangana agricultural loan waiver programme. Thanks to this programme, the farmers in Telangana will be able to live in peace and be freed from financial burdens. Under this scheme, loans up to Rs 100,000 would be forgiven. Thanks to this programme, the farmers in Telangana state would no longer have to worry about their financial burden, enabling them to happily carry out their farming operations.
Ts Crop Loan Waiver Programme Benefits
The Telangana Crop Loan Waiver Scheme offers participants the following benefits:
- Up to one lakh rupees in loan forgiveness would be offered to farmers in five stages.
- In the first phase, the state government has promised to repay the Rs. 25,000 crop debt.
- Over the course of the following four years, incentives worth between Rs. 250,000 and Rs. 1,000,000 will be given out in four stages.
- The government has allocated a budget of 1,198 crore rupees for the first phase.
- A total of Rs 24,738 crore has been approved for the next four stages.
- The State administration’s budget allotted Rs 6,225 crore for the program’s initial instalment.
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 | https://clw.telangana.gov.in/ |
Telangana Crop Loan Waiver Scheme Statistics
Banks | 42 |
Branches | 3351 |
Districts | 33 |
Mandals | 589 |
Clusters | 2802 |
Villages | 12920 |
Conditions for Eligibility in the Telangana Crop Loan Waiver Programme
- The candidate needs to be a Telangana state resident.
- It must be the candidate’s trade to be a farmer.
- All commodities for which a loan was authorised after April 1, 2014, and is still in effect as of December 11, 2018, are covered by this programme.
How Can I Apply for the Crop Loan Waiver Programme in Telangana?
- First, go to the official website of the crop loan relief programme.
- The home page will load before you.
- The Apply Now link on the homepage must be clicked.
- It will now show you the application form.
- All required information, such as your name, address, email address, mobile number, bank account details,
- etc., must be entered into this application form.
- After that, you have to turn in any required paperwork.
- Now you have to choose “submit.”
- You can apply for the crop loan relief programme through this approach.
Telangana Crop Loan Waiver Scheme 2023
Official Website | Click Here |