Crop loan waiver up to ₹50k to be effected from today
The Hindu
Nearly 6.07 lakh farmers likely to be benefited
The amount for crop loan waiver up to ₹50,000 per farmer, as part of the waiver announced as a pre-poll promise in 2018, would be transferred into their bank accounts from Monday, Minister for Agriculture S. Niranjan Reddy said here on Sunday. The process would go on till the month-end. A trial run on the process was carried out on Sunday so that it could be hassle-free and there are no hurdles in the transfer of the amount directly to the bank accounts of farmers as was being done in case of transfer of the investment support amount at the rate of ₹5,000 per acre every crop season under the Rythu Bandhu scheme, the Minister stated.
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