CM Revanth Reddy to Start Loan Waiver in Khammam District
Chief Minister Revanth Reddy is set to initiate the much-awaited third installment of the loan waiver scheme for farmers in Khammam district. This step will provide significant relief to farmers who have been eagerly awaiting the government’s support.
1. Loan Waiver Details
The third installment will cover loan waivers ranging between Rs. 1.50 lakh to Rs. 2 lakh for farmers. These funds will be directly deposited into the accounts of eligible farmers, ensuring timely and effective distribution of financial aid.
2. Farmers’ Anticipation
The loan waiver program is expected to benefit an estimated 14.45 lakh farmers across the state, significantly easing their financial burden. Farmers have been eagerly awaiting the rollout of this waiver, as it promises much-needed relief from their accumulated debts.
3. CM’s Schedule
- Arrival in Hyderabad: CM Revanth Reddy is expected to arrive in Hyderabad today after concluding his visit to South Korea.
- Independence Day Celebrations: On his return, he will attend the Independence Day celebrations at Golconda Fort tomorrow.
- Visit to Khammam: After participating in the festivities, the Chief Minister will depart for Khammam, where he will officially launch the loan waiver program.
4. Addressing Technical Issues in Previous Installments
While the government has already waived loans in two previous installments, some farmers were left out of the benefits due to technical reasons.
5. Special Drive for Excluded Farmers
To address this issue, Minister Ponnam Prabhakar has assured the public that a special drive will be conducted for one month to ensure that all eligible farmers receive their loan waivers. This drive will focus on resolving issues such as:
- Discrepancies in Aadhaar card information
- Changes in names in passbooks
- Unfinished remittances within families
This targeted approach aims to ensure that all deserving farmers, who may have missed out on previous installments due to administrative or technical reasons, will now receive the financial assistance they need.
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