HYDERABAD: With bankers expressing inability to make preparations at short-notice, the State government has decided to conduct the planned loan waiver melas for farmers in two phases.

Agriculture Minister N. Raghuveera Reddy said here on Thursday that under the phase I from July 8 to 15, the cheques pertaining to Central waiver scheme would be distributed to the eligible farmers.

The second phase would be taken up from August 1 to distribute the cheques, each for Rs 5,000, under the State scheme to those farmers not covered by the Central waiver.