The Chief Minister has clarified that the crop loan waiver up to ₹2 lakh would be applicable to all eligible farmers and details of the ration cards (food security cards) are being sought for the details of the family members of the respective farmers.
Mr. Revanth Reddy said while there were over 90 lakh ration cards in the State, accounts of farmers who secured loans from banks was around 70 lakh. There were 6.36 lakh farmers without ration cards and loan waiver would be applicable for them too as the government was firm on ensuring that such farmers were not left uncovered by the benefit.
The Chief Minister directed the district collectors to hold meetings with the bankers at 11 a.m. on July 18, the date fixed by the government to credit pending crop loans to the tune of ₹1 lakh into the loan accounts of the farmers. He reiterated that there should not be any diversion of the amounts released by the government for crop loan waiver by banks. The bankers were cautioned against diverting the amounts for filling the gaps relating to other loans obtained by the respective farmers, he said recalling the action initiated by the Central government while implementing the loan waiver introduced by former Prime Minister Manmohan Singh.